Government reduces VAT on takeaway meals to 5%
Government reduces VAT on takeaway meals to 5%
As part of the economic protection measures taken to mitigate the economic effects of the COVID-19 crisis, the Hungarian Government aims to mitigate the economic losses of restaurants delivering meals by introducing a 5% VAT rate on the supply of meals and non-alcoholic drinks prepared on site for takeaway.
The reduced rate shall apply to all meals and non-alcoholic drinks which would be taxed as a supply of service at the 5% rate, which applies for on-site consumption.
Government Decree 498/2020. (XI. 13.), prescribing this VAT rate reduction, entered into force on 14 November 2020 and applies until 8 February 2021. The 5% rate should be applied to meal deliveries with a date of supply of 14 November 2020 or later.
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