On 11 May 2021, the Hungarian Ministry of Finance announced its summer tax package. Key VAT measures in the package include new VAT refund procedures with regard to bad debts and for UK taxpayers. The final package is expected to be approved by parliament in June 2021 and may be amended during the parliamentary process.
Source: Deloitte
Latest Posts in "Hungary"
- Hungary Mandates Detailed M-Sheet VAT Deduction Reporting from July 2026; Full Digital Shift Ahead
- Hungary Unveils ViDA Plan: Mandatory E-Invoicing and Major VAT Reform Announced
- Hungary Retires ÁNYK: Preparing for Digital VAT Returns and Enhanced Compliance in 2026
- ViDA Implementation in Hungary: A Fundamental Shift Toward Data‑Driven VAT Compliance
- Hungary Unveils Roadmap for Mandatory E-Invoicing Under EU VAT in the Digital Age Directive
