Hungary – Real-time Reporting Threshold Removed

From April 2020, the Hungarian National Tax and Customs Authority (NAV) will require all taxpayers to use the XML version 2.0 of e-invoices in their online returns.

  • A new XML (V2.0) has been made mandatory.
  • Incoming invoices will be available on the NAV portal
  • After 1st July 2020, all transactions between taxpayers established in Hungary will have to be reported regardless of the amount of VAT (the current reporting threshold of HUF 100,000 will be abolished).
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