Michaela Merz


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Hungary – 11 days to go with real time reporting


Did you know that in just 11 days time Hungarian Real Time Invoice Reporting goes live?

From 1 July 2018 VAT registered businesses in Hungary will be required to immediately report any B2B domestic sales invoices they raise of at least 100,000 HUF (300 EUR) to the tax authorities. Continue reading


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Hungary – real time reporting – how to do it efficiently with online reporting tool


As of 1 July 2018 all taxpayers are required to report to the Hungarian tax authority certain data regarding invoices that are issued by invoicing software and have a VAT content of at least HUF 100,000. Such reports will have to be made electronically, through an online connection, using a specific XML file format. Continue reading