We updated our article on 28 October 2022. The applicability of the 5% VAT on the sale of new residential properties in Hungary was extended by two years, until 31 December 2024, b...

In our article last November we wrote about the details of the housing support action plan to be introduced in Hungary from 1 January 2021. As a result of the legal amendments impl...

The bill including the reintroduction of the 5% VAT on homes was submitted to the Hungarian National Assembly on 27 October. Bill T/13477 submitted to Parliament includes the amend...