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

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

Indonesia confirms VAT on foreign e-commerce from 1...

From 1 September 2020, the Indonesian tax authorities will introduce VAT at 10% on all e-services transactions made by non-resident companies. Currently...

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.