From next year, Hungary plans to reduce the VAT on accommodation from 18 to 5 percent

As part of the "Economic Protection Action Plan", the Hungarian Ministry of Finance recently announced plans to reduce the tax burden, transfer ...

29. June 2019.
As part of the "Action Plan for the Protection of the Economy", the Hungarian Ministry of Finance recently announced plans to reduce the tax burden, Accordance reports. Among other things, the measures include reducing the VAT rate for tourist accommodation services from the current 18 to 5 percent. These changes are expected to take effect in 2020. A VAT rate of 5 percent will apply to hotel accommodation ...
Already have an account? Join us
Premium
29. June 2019.