Hungary: Postponement of e-VAT system
The government postponed the introduction of an electronic system for value added tax (e-VAT system).
Postponement of e-VAT system
The government postponed the introduction of an electronic system for value added tax (e-VAT system) until the end of the state of emergency relating to the coronavirus (COVID-19) pandemic.
The first e-VAT system return was intended to cover the reporting period starting on 1 October 2021. However, Government Decree 613/2021 (XI. 8.) delays the introduction of the e-VAT system until the end of the state of emergency (which currently will last until the end of 2021). Thus, the first e-VAT system returns to be proposed by the tax authorities for taxpayers would be, at the earliest, in February 2022. This date could change in the coming weeks.
According to preliminary plans, the preparation of VAT return proposals would be implemented in several steps. First, the proposals would be prepared based on data available from the online invoicing system.
It is not yet known how postponement of the e-VAT system could affect the implementation of further functions such as the inclusion of data related to import of products and providing return proposals for taxpayers that are obliged to submit EU sales and purchase lists or report reverse charge transactions.
Read a November 2021 report prepared by the KPMG member firm in Hungary
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