- Hungary’s National Tax and Customs Administration (NAV) launched eVAT on 1 January 2024
- eVAT introduces pre-filled VAT returns accessible to taxpayers
- Users can modify tax codes and submit returns from February
- eVAT provides NAV with real-time, comprehensive records
- Initially focuses on VAT transactions and expands to broader declarations in the long term
- NAV offers two approaches: free online access for small taxpayers and M2M tax code-based assistance for large taxpayers
- eVAT replaces the monthly Control Statement and allows large taxpayers to query NAV’s transaction records
- NAV provides free data analytics tools for comprehensive understanding and cross-checking of VAT return data
- Effective date of eVAT is 1 January 2024
Source: tpa-global.com
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.
