Hungary – VAT Changes in Proposed Budget

May 24, 2017 Lee Pender

Earlier this month the Hungarian government introduced a budget bill for 2018. Included in the budget is a proposal to reduce the VAT rate on fish, catering services, and internet services to 5%. The bill also confirms an implementation delay for the mandatory filing of B2B VAT invoices with the government, which was scheduled to start on July 1, 2017. A one year trial period will now take place prior to implementation in July of 2018.

The post Hungary – VAT Changes in Proposed Budget appeared first on Sovos.

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