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.

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