- From July 2026, Hungary will require more detailed and technical VAT reporting in M-sheets, including both VAT charged and VAT actually deducted, broken down by VAT rates (5%, 18%, 27%).
- New mandatory data fields will include supplier VAT ID, VAT amount per rate, and proportion of VAT deducted, all in a structured, machine-readable format.
- This change is transitional: the ÁNYK filing system will be decommissioned by December 31, 2026, and taxpayers must migrate to the eVAT (eÁFA) platform.
- From 2027, M-sheets will be abolished as Hungary moves to fully digital, transaction-driven VAT reporting.
- Since 2025, companies must report exact net and VAT figures in forints, aligning M-sheets with Hungary’s real-time electronic invoice reporting system.
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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