In February, the Hungarian Tax and Customs Authority (NAV) initiated its first data reconciliation procedures in the area of online invoice reporting. The aim of this new process i...

From September 2025 (instead of the previously planned date of 1 July), the Hungarian tax authority (NAV) will tighten business validation rules in the online invoice data reportin...

Failure to report online invoice data may result in even heavier penalties than before, as regulations has tightened in Hungary. Therefore, it is now particularly important for the...

In our last Newsflash published at the end of November we took a detailed look at the most important tax law amendments for decision-makers in 2021 including, among others, the abo...

As an expert of business automation, I was really looking forward to the introduction of online invoicing. In my experience, Hungarian businesses put a lot of effort into administr...

As originally planned, online invoice data reporting will be expanded from 1 July: there will be no postponement of this even in spite of the coronavirus pandemic. It is vital to b...

The Hungarian legal system is to expand the scope of the online data reporting obligation for invoicing to almost all transactions in two stages, from 1 July 2020 and 1 January 202...