30 April 2021
From April 2021, all businesses involved in Business to Consumer (B2C) sales in Hungary are required to report invoices under the country’s real-time e-invoice reporting regime.
Prior to April, only Business to Business (B2B) sales made in Hungary were required to report invoices under its real-time e-invoice reporting regime.
However, by now extending this to consumer sales, it is hoped that it will help prevent VAT fraud that is prevalent in this area.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
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