Katalin Novák accepted the nomination for president and resigned from her post as minister without portfolio for families on December 21, 2021; she handed over the post to Róbert Zsigó, Parliamentary State Secretary for Families.
Katalin Novák noted that there is no stopping Hungary: Young people under 25 will be exempt from paying PIT, the 13th month pension will soon be paid, and parents will get back their PIT paid in 2021. She also pointed out that the home renovation program, the construction of daycares, and the increases in family support (GYED, GYOD and the baby bond subsidies) will all continue.
The government is committed to supporting families with children and helping young people to start their lives, enter the labor market, get their own home and start a family, Róbert Zsigó, Parliamentary State Secretary for Families, emphasized.
He also mentioned that the PIT exemption for people under 25 means the net salary of young people will rise by 22 percent. The number of young people employed has increased one and a half times in the last 10 years; the personal income tax exemption will affect 280,000 young people already working, but as many as 1 million from this age group could be affected, he added.
Those who work eight hours a week can take home up to HUF 41,600 more a month, which is an extra HUF 500,000 per year, Zsigó pointed out.