Hungary propose a range of VAT changes for 2019

30 July 2018

From January 2019, the Hungarian tax authorities are proposing to introduce a number of changes to their VAT legislation, these changes include:

• The adoption of the new EU VAT rules for the treatment of single and multi-purpose vouchers – Our previous article from July 2016 explains the new VAT treatments that will apply to vouchers.

The local domestic reverse charge mechanism used to curb VAT fraud, will be extended to apply on the supply of steel and grain products.