- The National Tax and Customs Administration of Hungary has launched the electronic VAT system (eÁFA).
- VAT returns can be submitted from February 1, but certain functions of the system can be tested now.
- The system supports the electronic and accurate fulfillment of tax obligations and reduces administration.
- Users can access eÁFA via a web interface or machine-to-machine connection.
- Query services are available in January, allowing taxpayers to access data and track their VAT position.
- From February 1, all functions will be available, including changing the tax code, closing the period, and submitting the return.
- Taxpayers with different frequencies of VAT returns have specific deadlines for filing in the new system.
- The new system offers advantages such as querying relevant data, creating tax records, and simplifying legal compliance.
Source: hungarytoday.hu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
