Hungary has announced an increase in the Intrastat declaration thresholds for the 2026 calendar year. This change aims to simplify the administrative obligations of companies,…
In order to determine the coverage rate obligation, the Hungarian Central Statistical Office (OCSH) annually sets the thresholds for the provision of Intrastat data on…
The Hungarian government has decided to introduce additional e-invoicing tools for taxpayers and tax authorities from January 2024. This instrument will be a new platform…
As of 1 January 2021, the United Kingdom is definitely considered a third country. Therefore, British companies wishing to obtain a refund of VAT paid…
As a reminder, Hungarian companies as well as foreign companies are obliged to declare online on the electronic portal of the Hungarian Tax Administration (NAV):…
In June 2020, the Hungarian Tax Administration announced the extension of the mandatory online invoice reporting system. From 1 July 2020, Hungarian and foreign companies…
The Hungarian tax administration announced the introduction of a new temporary retail sales tax. This tax, introduced with the aim of mitigating the economic…
Companies will be obliged to declare on the electronic portal of the Hungarian Tax Administration (NAV) all invoices relating to sales of goods and services…
Due to the Covid-19 crisis, Hungary introduced a new temporary retail sales tax. The tax applies to E-commerce companies selling to private individuals in…
