Updated by Krisztián Vadkerti, Márton Ráskai and Franciska Magyarné Schilling, PKF Consulting Kft
Key data (Hungary)
Information up to date as at 1 March 2024.
| A. VAT registration and deregistration thresholds |
| VAT registration | €0 |
| Distance selling of goods and BTE services, for EU established businesses only | €10,000 |
| Intra-EU acquisitions by non-VAT registered entities | €10,000 (approximately HUF 2.5 million) |
|
| B. VAT rates |
| Standard rate | 27% |
| Reduced rates | 18%, 5%, 0% |
| Zero rate (exempt with right to deduct) | 0% |
| Farmers flat rate addition | 12% (vegetable products)
7% (agricultural services and animal products) |
|
| C. VAT return filing periods |
| Standard (newly founded businesses) | Monthly |
| Businesses |
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Web page updated on 24 Aug 2024 15:17