gépjármadó

Gépjármadó is the Hungarian term for vehicle tax. It is an annual tax levied on owners of motor vehicles registered in Hungary. The tax is calculated based on several factors, primarily the vehicle's engine displacement and its age, though other criteria can also influence the amount.

The purpose of the gépjármadó is to contribute to the state budget and is a mandatory payment for all vehicle owners whose vehicles are in active use. Exemptions may apply in specific circumstances, such as for certain types of vehicles or for individuals with disabilities. The tax rate structure is progressive, meaning older vehicles and those with larger engines generally incur higher tax amounts.

The payment of the gépjármadó is typically managed by the Hungarian Tax and Customs Administration (NAV). Owners receive notifications or are expected to be aware of their obligation to pay the tax by a specified deadline each year. Failure to pay the gépjármadó can result in penalties and fines. The revenue generated from this tax is often allocated to infrastructure development and maintenance, including roads and public transport. The specific regulations and tax rates can be subject to change by government decree.