Cash registers that do not have a valid distribution license may remain in use, the Minister of Finance Mihály Varga announced in his statement. The Minister of Finance emphasized that the measure represents another financial and administrative relief for thousands of small businesses, which is especially important during the negative economic effects of the Russian-Ukrainian war. More detai... Read more

On April 6, 2022, the Council of the European Union amended the EU VAT Directive in relation to the place of supply for live virtual events. In accordance with the amendment, starting from January 1, 2025, 2025, the supply of a live virtual event is taxable in the country where the consumer purchasing the online attendance resides, which means that virtual event providers will need to charge VAT... Read more

When blocking the cash register, the NAV server sends an "electronic message" to the cash register, as a result of which the cash register is placed in a blocked state. When blocked, the cash register is not suitable for operational use, so no receipt can be issued with it. What are the situations in which NAV may block a cash register? In what cases the NAV blocks the cash register, it is deter... Read more

There are some situations in which the Hungarian Tax authority blocks cash registers which causes sales interruption. Therefore, what can the operator do in such occurrences when NAV has blocked his cash register? The blocking of the cash register blocked by the NAV can only be lifted by the NAV. To do this, the operator must eliminate the indicated reason that caused the blocking. In the foll... Read more

As with most electronic tax requirements, SAF-T HU will be reported in XML format. Generated XML files will have to be in line with the many structures covering various areas of taxpayer finance and accounting. At the top of the SAF-T HU structure hierarchy is the Table of Contents (TOC) with information about files to be provided to NAV. Actual SAF-T data are divided into 3 main sections: master... Read more

Public consultation regarding the proposals of the new amendments to the EU VAT Directive was held up to April 2022. After this consultation, the European Commission (EC) is set to publish a draft of the amendments to the EU VAT Directive this autumn. This will result in the extension of the current One Stop Shop (OSS) to all remaining cross-border B2C transactions and some B2B transactions. The a... Read more