VAT News

Hungary-local sales and purchase listing

The Hungarian tax authorities have announced that with effect from 1 July 2017, any businesses making local sales or purchases where the VAT amount exceeds HUF 100,000 (approx €325) will be required to submit local sales and purchases listings.

This measure is designed to reduce fraud.

Related articles

Significant Changes to Polish VAT System

Discover a comprehensive review of the implemented and upcoming changes to the Polish VAT system.

Read more
Impact of Brexit on UK VAT

VAT expert and VATGlobal CEO, Gareth Kobrin explains the impact of Brexit on UK businesses.

Read more
VAT Gap Report Highlights Significant Losses in VAT Revenue Across Europe

EU countries lost €137 billion in VAT revenues in 2017

Read more