Real-time invoice reporting updated 15th Sept 2025 Hungary’s National Tax and Customs Administration (NAV) is updating its Online Invoice real-time reporting system to improve data accuracy and quality from 15th September 2025: 3 new WARN messages added which indicate potential content inaccuracies that should be
European Commission urges Hungary to abolish Retail Tax The European Commission has issued a reasoned opinion to Hungary (INFR(2024)4022), urging it to align its retail tax regime with the freedom of establishment guaranteed under Articles 49 and 54 of the Treaty on the Functioning of
Range of simplifications and penalty changes proposed July 2025 The Hungarian tax office, National Tax and Customs Administration of Hungary (NTCA), has issued proposed changes to tax laws. These are now out to public consultation, and will come into effect from 1 July 2025. Hungarian
EU harmonisations and compliance simplifications The Hungarian government has issued a universal tax Bill to update a ranges of tax legislation in 2025. Most of the amendments are aimed at bringing legislation in line with EU rules; but also to provide compliance simplifications. The changes
Proposal to shift basics from 18% to 5% reduced rate The Hungarian Parliament is reviewing a proposal to move a range a basic foodstuffs from the 18% reduced rate to the 5% rate. If approved, this would be implemented from 1 September 2025. The change
Reverse charge; base calculations and import VAT The Hungarian 2025 tax package introduces key changes to VAT regulations, approved by parliament, effective over the next several years. See our Hungary VAT country guide section. VAT Base Reduction for Refunds:Following the Novo Nordisk Case (C-248/23), VAT
Risk of missing trader VAT fraud in natural gas wholesale markets prompts zero-rating 1 January 2025 Hungary has become the latest country to introduce the VAT reverse charge on domestic gas trading transactions. This removes the VAT cash payment on wholesale deals which are subject
E-invoices must be adopted for sales to non-consumer customers Hungary is to attempt to squeeze VAT fraud from the trading of electricity and natural gas. This is separate from the Hungarian real-time reporting obligation. Starting 1 January 2025, electronic invoicing for non-private person customers in
