EASYTAX, VAT fiscal representative

Hungary – Real-time Reporting Threshold Removed

From April 2020, the Hungarian National Tax and Customs Authority (NAV) will require all taxpayers to use the XML version 2.0 of e-invoices in their online returns.

  • A new XML (V2.0) has been made mandatory.
  • Incoming invoices will be available on the NAV portal
  • After 1st July 2020, all transactions between taxpayers established in Hungary will have to be reported regardless of the amount of VAT (the current reporting threshold of HUF 100,000 will be abolished).
Expert

NEED HELP ?

Rely on our experts to manage your international VAT obligations.

OTHER VAT BRIEFS E-invoicing
The implementation date of the e-invoicing reform initally planned on July 1st, 2024 has been postponed in France. The new date will be communicated in the work to...
António Mendonça Mendes, the Portuguese Secretary of State for Tax Affairs announced on May 24, 2022 by decree(Despacho n°49/2022-XXIII) that invoices in PDF format will continue to be considered as...
Slovakia wants to implement a real-time invoice reporting system via a dedicated e-invoicing platform. This should apbe applicable to all taxable transactions in Slovakia. Please note – companies that are...
Since July 1st 2021, companies registered for VAT in Portugal must use certified electronic invoicing software in certain cases (see the previous news item on this subject). By a decree...
Other VAT infoHungary

Tax Mag

VAT Updates per Month
Newsletter

NEWSLETTER

Get the latest news about VAT in Germany and the European Union straight to your mailbox.

we respect your privacy