Real-time invoice reporting obligations extended in Hungary

Invoice reporting requirements extended in Hungary

Following a delay in Real Time Reporting implementation, from January 2021, taxable persons are required to report all invoices to which the Hungarian invoicing requirements apply in the Online Invoicing Reporting System.

From 1 July 2020 in Hungary, it has been obligatory to submit all invoices from domestic B2B transactions in real-time.

From now, not only will domestic B2B invoices need to be reported but this obligation has been extended to B2C transactions, B2B intra-community supply of goods and services and other export sales.

What will change with Hungary Real-Time Reporting?

The Online Invoice Reporting System will contain data such as: order number, vendor code, delivery note number. This will make invoice processing faster.

Now, when a taxpayer receives an invoice, they can check on the National Administration website which

By using the Online Invoice Reporting System, the National Administration will be able to prepare draft VAT returns in the second half of 2021.

Customers will also benefit from the Online Invoice Reporting System as they will be able to download submitted invoices.

Due to COVID-19 the National Administration has announced a three month grace period until 31 March 2021. During this time, no penalties are to be imposed in the case of non-compliance.

Hungary VAT Guide

View our Hungary VAT Guide to find the most current VAT information for Hungary including VAT rates, registration requirements, deadlines, EKAER and real-time reporting requirements.

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