Hungary

New authentication for secondary users The Hungarian administration has confirmed that the online invoice system in the country will have a new identification system for secondary user logins as from 1 June 2023. Users will need to sign in via a two-step authentication to login to the Online Invoice System.   As is typically the case, the authentication procedure will require a username and password, but will also require the following considerations:  

• an application where a login notification must be approved  
• an application which generates a code for verification.  

For secondary user first time log ins, the “enable two-step authentication” will appear on online invoice system interface after registration of the username and password.    The user manual, accessible via the link below, can provide further information: around the topic:   https://onlineszamla.nav.gov.hu/dokumentaciok  

VAT registration threshold rise VAT registration thresholds were generally viewed as a stable and steady feature- but the economic volatility of the last few years- which saw a pandemic, inflation, and even impending recessions- have seen governments acting with considerable latitude in respect of VAT registration threshold changes. Only last month saw Italy and Lithuania either apply or in the process of amending VAT registration thresholds. Typically, an EU derogation is required to facilitate this. Hungary is the latest country to follow the same curvature as some of its recent European counterparts, with the EU granting Hungary permission to raise its VAT registration threshold from 48,000 Euros to 71,500 Euros. The rise holds obvious benefits for small and medium enterprise businesses, who will be relieved of multiple VAT obligations. The increase also does not appear to come at a considerable cost to Hungarian revenues, which stand to see a loss of only 0.05% of the total VAT uptake.

eVAT return postponement The Hungarian government has postponed its e-VAT return concept to October 2021. This was initially due to be implemented in July 2021. The e-VAT return concept involved the tax authority preparing a draft VAT return for taxpayers based on real-time reporting data collected.

eVAT return postponement

The Hungarian government has postponed its e-VAT return concept to October 2021. This was initially due to be implemented in July 2021. The e-VAT return concept involved the tax authority preparing a draft VAT return for taxpayers based on real-time reporting data collected.

Hungary introduces a new file structure for online invoice data reporting

The Hungarian tax authority recently published a new file structure that will be the basis for online invoice data reporting in 2021. The new file structure is XSD version 3.0.

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Hungary announces electronic reporting requirement for B2B domestic sales

The Hungarian Government published the latest draft decree detailing changes regarding VAT reporting that will come into effect on 1 July 2018.