EU Commission have agreed that Hungary can apply a new domestic reverse charge to the supply of staff

23 December 2015

The EU Commission have agreed that Hungary can apply a new domestic reverse charge to the supply of staff. This mechanism will allow customers to account for the VAT on the transactions in their own VAT reporting, meaning that the supplier does not charge VAT to their customers. Usually this mechanism is used as a means to try to eliminate VAT fraud.

LATEST NEWS

Brexit: actions to help you prepare

The transition period after Brexit comes to an end this year and even if a trade deal is agreed, there will be a host of changes to the current VAT regime that...

SEE MORE
LATEST NEWS

Ecuador to apply VAT on digital services from...

From 16 September 2020, Ecuador will impose VAT at 12% on the sale of e-services to local consumers by non-resident businesses.  At present, non-resident...

SEE MORE
LATEST NEWS

Costa Rica to introduce VAT on electronic services...

From 1 October 2020, Costa Rica will introduce VAT at 13% on the provision of electronic services by non-resident companies. At present, foreign businesses...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.