New VAT rules from 1 October 2014

29 August 2014

From 1 October 2014 a new decree introduces new invoicing rules. From that date businesses will have to report the name of the invoicing program they are using to produce invoices and receipts. It has to be approved by the tax office. This report has to be filed by 15 November 2014. It is thought unlikely that Hungary will impose this rule on non-resident businesses that are registered for VAT in Hungary.

LATEST NEWS

EU confirms €3 customs duty and VAT treatment for...

From 1 July 2026, the EU will remove the current customs duty exemption for goods valued at €150 or less. Instead, a temporary €3 customs duty per item...

SEE MORE
VAT news
LATEST NEWS

EU council struggles to agree on the removal of the...

The EU is struggling to finalise changes to its Import One Stop Shop (IOSS) system as part of the 2028 Customs Reforms, with member states divided over plans...

SEE MORE
VAT news
LATEST NEWS

Austria proposes a €2 customs charge on a per parcel...

Austria is proposing to impose a €2 charge on e-commerce low-value imports (under €150) entering Austria from outside the European Union from October...

SEE MORE
VAT news

Gated Content

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