VATLive > Blog > Coronavirus > Hungary coronavirus VAT measures

Hungary coronavirus VAT measures

  • Mar 27, 2020 | Richard Asquith

Update: 27 March, Hungary has delayed the update of its live invoice reporting schema from 1 April until 1 July 2020.

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 tax (including VAT) payment deferrals. But there is a HUF10,000 administrative fee.

The measures for tax and associated penalties and interest include:

  • Postponement of tax payments
  • Step repayment schedule
  • Tax forgiveness

Follow Avalara’s live  global coronavirus Covid-19 VAT measures tracker.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He can be contacted at: He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
VATlive newsletter

Sign up for our free newsletter stay up-to-date with the latest tax news.

VAT Voice

Sign-up to VAT Voice, Avalara’s monthly round-up about VAT and legislation updates to help you stay ahead of the curve.