- 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