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Hungary


Hungary confirms Retail Tax as permanent

Hungary has confirmed that its new COVID-19 retail sales tax will be permanent. The monthly turnover tax on high street and online retailers was introduced in May 2020....Continued

Hungary live VAT invoice changes July 2020

Hungary has confirmed that it is going ahead with changes to its live VAT invoice reporting regime, including dropping the threshold for individual B2B invoices. The reporting timeline is also being r...Continued

Hungary coronavirus VAT measures

The Hungarian tax and customs office has issued notice of tax payment deferrals following the spread of the COVID-19 virus. The measures mostly target individuals. However, businesses may apply for ta...Continued

Hungary COVID 2.5% retail turnover tax on ecommerce

Hungary is to launch a retail turnover tax, which includes both high street and online retailers. Non-resident sellers, targeting Hungarian consumers, are also liable to the tax. ...Continued

Hungary extends live invoice reporting to B2C Jan 2021

Hungary is to oblige taxpayers to submit B2C invoices in near real-time to the tax authorities. Reporting features will also change at the same time. This builds on the successful launch of B2B electr...Continued