- 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 Clarifies VAT Reverse Charge Rules for Construction and Installation Services
- Tax Authority to Audit Retail Stores in Bács-Kiskun County, Focusing on Receipts and Employee Reporting
- Hungary Mandates Detailed M-Sheet VAT Deduction Reporting from July 2026; Full Digital Shift Ahead
- Hungary Unveils ViDA Plan: Mandatory E-Invoicing and Major VAT Reform Announced
- Hungary Retires ÁNYK: Preparing for Digital VAT Returns and Enhanced Compliance in 2026
