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%.
Find out more about VAT in Hungary
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
Cameroon VAT on foreign e-commerce
Cameroon has extended its Value-Added Tax (VAT) system to cover supplies of online goods and services supplied by non-resident (foreign) companies in the...
SEE MORE
LATEST NEWS
Fiji VAT on e-services provided by remote sellers
Fiji is proposing to extend its Value-Added Tax (VAT) regime to apply to the sales of electronic services supplied by non-resident (foreign) companies to...
SEE MORE