Hungary SAF-T mid-2023?

SAF-HU may be launched mid-2023 following COVID-19 delay

Hungary’s National Tax and Customs Administration (NAV) has launching a pilot of the OECD’s Standard Audit File for Tax (SAF-T). It has already completed a public consultation at the start of 2021. Given the ongoing COVID-19 emergency, it is likely any start date may be mid-2023. Hungary has already launched its own version of real-time invoicing reporting in 2018.

SAF-T HU structure

NAV has indicated that a full data spectrum will be requirements, similar to the Polish JPK regime, will be implemented. This will include:

1. Materdata

   • General ledger
   • Customer data
   • Supplier data
   • Fixed assets
   • Products
   • Analysis table

2. Transactional data (headers and transactions)

   • General ledger
   • Sales invoices
   • Purchase invoices
   • Payments and settlements
   • Goods movements

3. Reporting data

   • Stocks
   • Unsettled customer and supplier invoices
   • VAT filings analytics

Hungary has planned to launch draft VAT return service for taxpayers on the back of its live invoice reporting and SAF-T HU, but this has now be suspended indefinitely.

Check which countries have implemented SAF-T.

OECD Standard Audit File for Tax (SAF-T)

The OECD launched v1 of SAF-T as a standard for tax authorities and taxpayers to efficient exchange information. It is XML-based. Over 10 European countries have already adopted it. Before Romania was the last country to launch SAF-T in January 2022. Since May 2005, SAF-T is recommended in the following five formats (per v2, 2010):

1. General Ledger: journals;
2. Accounts Receivable: customer master files; invoices; payments;
3. Accounts Payable: supplier master file; invoices; payments;
4. Fixed Assets: asset master files; depreciation and revaluation; and
5. Inventory: product master files; movements.

If you need to complete SAF-T or returns, our VAT Filer can accurately populate any country submission with verified VAT or GST data from our VAT Calculator or VAT Auditor services.

Standard Audit File for Tax SAF-T countries