Hungary reduces VAT rate on some goods and services

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

Brazil to introduce indirect taxes on digital service...

From 2026, Brazil will introduce two new indirect taxes that will replace its old tax system. These two new taxes will work in a similar way to VAT and are...

SEE MORE
VAT news
LATEST NEWS

Ireland increases the VAT rate applied on...

The Irish government has confirmed that from 1 January 2026, the VAT rate will increase from 9% to the standard rate of 21% for: Accommodation...

SEE MORE
VAT news
LATEST NEWS

UPDATE: Philippines proposes to apply VAT on e-services

During May 2024, the Philippines Senate voted in favour in a second reading of Bill No. 2528 imposing VAT on foreign providers of digital services to...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.