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.
LATEST NEWS
Emergency VAT measures to combat the financial impact...
Due to the negative financial impact that the coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...
SEE MORE
LATEST NEWS
Croatia to reduce the VAT rate to 13% on foodstuff
The Croatian tax office has confirmed that the VAT rate on foodstuffs will be cut from 25% to 13%. The implementation date has not yet been confirmed.
SEE MORE
LATEST NEWS
Ireland to temporarily reduce the VAT rate from...
From 1 September 2020 until 28 February 2021, Ireland will reduce its VAT rate from 23% to 21%. It is hoped that by introducing this cut it will help to...
SEE MORE