VATupdate

Online invoice 3.0: Invoices issued to natural persons must be reported too from 2021

Source WTS

Online invoice 3.0 system will be launched as the third and final step of expanding online data reporting for invoices in Hungary. Upon the introduction of online invoice 3.0 the data reporting obligation for invoices will be extended to include invoices issued to non-taxpayerssuch as natural persons, as well as invoices issued on intra-Community tax-exempt goods supplies to taxpayers. So from next year, the Hungarian Tax and Customs Administration (NAV) will indeed see all invoices, even those issued by businesses to private individuals.

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