Hungary to change VAT rates on catering and food from 1 January 2017

29 June 2016

As of 1 January 2017, the current 27% VAT rate on catering supplied in restaurants and bars in Hungary will be reduced to 18%, with a further reduction to 5% from 1 January 2018.

In addition, from 1 January 2017 the VAT rate on certain basic foodstuffs such as poultry, eggs and fresh milk will be reduced to 5%, as well as internet services which will see a reduction to the 18% VAT rate.

LATEST NEWS

Slovakia considers lowering VAT Rates and expanding...

The Slovakian parliament is currently reviewing draft bills that will expand the list of goods eligible for the 5% reduced VAT rate to include additional food...

SEE MORE
VAT news
LATEST NEWS

UPDATE: Philippines implements VAT on e-services...

The Bureau of Internal Revenue (BIR) recently executed implementing regulations (Revenue Regulations 003-2025) which will introduce VAT on digital services...

SEE MORE
VAT news
LATEST NEWS

European Commission grants extension of VAT split...

Despite deviating from Article 226 of Directive 2006/112/EC of the EU VAT Directive, Poland has been allowed to carry on using their VAT split payments regime...

SEE MORE
VAT news

Gated Content

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