Hungary cuts hotel VAT to 5%
- Jul 18, 2019 | Richard Asquith
The Hungarian parliament has approved a range of tax cuts for 2020, including the following VAT amendments
- VAT on accommodation services from hotels, B&B and house sharing will be reduced from 18% to 5%
- A range of goods stuffs will be reclassified to 5%
At the same time, the is the introduction of a Tourism Tax of 4% payable by hotels and short-term accomodation providers.
Need help with your Hungarian VAT compliance?
Researching Hungarian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade.
Total results : 4
avalara:content-tags/primary-blog-tags/vatlive/location/europe/hungary,avalara:content-tags/location/world/europe/hungary,avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat
Union vs non-Union OSS: what’s the difference?
avalara:content-tags/primary-blog-tags/vatlive/location/europe/hungary,avalara:content-tags/location/world/europe/hungary,avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat
UK VAT Guide - Avalara
avalara:content-tags/primary-blog-tags/vatlive/location/europe/hungary,avalara:content-tags/location/world/europe/hungary,avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat
North America Country VAT Guide - Avalara
avalara:content-tags/primary-blog-tags/vatlive/location/europe/hungary,avalara:content-tags/location/world/europe/hungary,avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat
US 2021 sales tax updates for foreign businesses
VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara