Tax Band

New Hungarian eVAT system available from 1 January 2024

The system offers an alternative to preparing and submitting VAT returns via the ÁNYK framework and will be available to taxpayers from 1 January 2024.

By introducing the VAT return system, the tax authority intends to:

  • enable taxpayers to submit their VAT returns using a machine-to-machine communication, so that the return can be used for the purpose of VAT analytics by both taxpayers and the NTCA
  • simplify the preparation and review of VAT returns for businesses and accountants
  • enable taxpayers to efficiently retrieve data from the NTCA’s system in order to prepare their returns
  • reduce the overall administrative burden of the system (KPMG)

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VAT changes - 1st Janary 2024

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2024.10.21.
New Hungarian eVAT system available from 1 January 2024

New Hungarian eVAT system available from 1 January 2024 The system offers an alternative to preparing and submitting VAT returns via the ÁNYK framework and will be available to taxpayers from 1 January 2024. By introducing the VAT return system, the tax authority intends to:

Read More