According to Izer Norber, the Secretary of State for Taxation in the Hungarian Ministry of Finance, the current legislative requirements on the e-VAT system will be suspended and the draft VAT return will instead be rolled-out in several stages in order to ensure a smooth transition for taxpayers. Despite the postponement of NAV’s new e-VAT service, NAV still provides assistance in preparing VAT returns, as the online cash register and online invoice data can still be downloaded.
The extra time provided should allow NAV to provide a significantly more comprehensive draft VAT return service than originally planned. According to the current proposal, NAV will in addition to preparing the draft return, include additional services in the VAT system that can also support business processes e.g. strengthening machine-to-machine communication and downloading of data from the tax office, and the ability to query the log file of online cash registers.
Source:
Latest Posts in "Hungary"
- Hungary Seeks Feedback on New B2B e-Invoicing and Digital Reporting Model Aligned with EU ViDA
- Hungary launched a public consultation to introduce a new e-invoicing system
- Hungary Unveils Plans for Mandatory E-invoicing and Real-Time VAT Reporting Under ViDA Package
- Hungary to Gradually Raise VAT Registration Threshold to HUF 24 Million by 2028
- Hungary Amends Tax Laws: VAT Group Rules, Liability, Invoice Reporting, and Reduced Rates Updated














