- The Hungarian Tax Authority has published draft legislation to amend e-invoicing requirements, set to take effect on July 1, 2025, pending approval. The draft is currently open for taxpayer consultation and software development input, with the Tax Authority likely to proceed with the proposed changes.
- Key changes include reclassifying 21 “warning” messages in the Online Invoice System to “error” messages, enhancing data consistency and paving the way for the future implementation of the e-VAT system. Warnings indicate reporting acceptance with errors, while errors result in rejection of the invoice reporting.
- Additional amendments propose increasing penalties for non-compliance with the Online Invoice Reporting Obligation from HUF 500,000 to HUF 1 million, and introducing a data matching procedure that allows the Tax Authority to initiate a correction process if discrepancies are found between online reporting and VAT returns, requiring taxpayer corrections within 15 days.
Source Kormany.hu
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Hungary"
- KOBAK Portal: Mandatory Platform for Registering and Managing E-Cash Registers in Hungary
- KOBAK Portal: Mandatory Platform for Registering and Managing E-Cash Registers in Hungary
- Hungary’s E-Cash Register Reform: Key Changes Retailers Must Prepare for in Fiscal Compliance
- EU Gradually Digitizes VAT System with ViDA Reforms by 2030
- Hungary’s E-Receipt Rules: E-Cash Registers, Digitalization, and Data Security Explained
