- The eVAT system was introduced in Hungary in 2024, providing three ways to file VAT returns.
- Payment service providers have a new data reporting obligation called CESOP
- Changes to the domestic reverse charge mechanism in the construction industry.
- A new mandatory deposit refund scheme for beverage packaging has been implemented.
- The e-cash register system allows businesses to issue electronic receipts, and there have been changes to VAT rates, including a drop to 5% for dessert cheese.
Source RSM
Latest Posts in "Hungary"
- Hungary’s NAV Launches Summer Inspection Campaign Targeting Key Sectors and Tax Violations
- Hungarian Tax Authority to Launch E-Receipt System for Real-Time Digital Receipts by 2026
- Hungary Modernizes E-Invoicing: B2G Mandate, Real-Time VAT Reporting, B2B Requirement by 2025
- NAV Online Invoice System 2025: Stricter Validation Rules Effective September 15, Impacting Businesses
- NAV Online Invoice System – stricter validations from September underscore NAV’s commitment to data quality
