31 January 2017
On 1 January 2017 Hungary introduced a lower VAT rate of 18% on:
Internet access services – However the standard VAT rate of 27% will still apply to any other kind of telecommunication, broadcasting or electronic service.
Restaurant services including food and non-alcoholic drinks – This will be further reduced to 5% from 1 January 2018.
The VAT rate on basic food stuffs including poultry meat, fresh eggs and milk was also reduced to 5%.
LATEST NEWS
Ukraine to apply VAT on digital services from January...
From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses. At present, non-resident...
SEE MORE
LATEST NEWS
Does a UK e-commerce business need an IOSS...
From 1 July 2021, the EU’s new e-commerce VAT reforms will be introduced allowing sellers to no longer pay import VAT at clearance on low-value consignments...
SEE MORE
LATEST NEWS
Lithuania cuts hospitality VAT to 9% until 31 December...
Lithuania will cut the VAT rate applicable to hospitality, sporting, and cultural services from the standard VAT rate of 21% to the reduced rate of 9%. To...
SEE MORE