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Hungary raises VAT registration threshold


Hungary raises VAT registration threshold

Hungary is proposing to raise its VAT registration threshold from €35,000 to €48,000 per annum. The European Commission is being consulted.

The new threshold will apply from 1 January 2019.

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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.