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Hungary cuts internet & catering VAT


Hungary cuts internet & catering VAT

The 2018 Hungarian budget bill has proposed reducing the VAT on internet access and catering services from 18% and 27% respectively, to 5%.

The bill is expected to be voted on in mid-June.

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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 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.