Updated by Krisztián Vadkerti, Márton Ráskai and Franciska Magyarné Schilling, PKF Consulting Kft
| How are VAT returns submitted to the tax authorities? | VAT returns in Hungary must be filed electronically via the government gateway, which can be accessed after the business has registered:
www.magyarorszag.hu/szuf_fooldal
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In parallel with the general e-filing requirements, the Hungarian tax authority launched eVAT from 1 January 2024. Two options are available under eVAT:
• The taxpayer will automatically receive a pre-filled draft VAT return prepared by the tax authority's system on the basis of the transactional data received through real-time invoice data reporting (see further below), online cash register reports, and the electronic customs clearance procedure. The draft can be reviewed and approved by the taxpayer. Upon approval, it will be considered a VAT return.
• Alternatively, the taxpayer may agree with the tax authority on the application of a machine-to machine solution. In this case the taxpayer will upload their VAT information and this will then run through a fully automatic validation procedure on the basis of which a draft return, generated by the system, can |
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Web page updated on 24 Aug 2024 14:48