From 1 July 2020, the data reporting liability (already being in effect from July 2018) at invoice level covers all invoices issued on domestic transactions to VAT taxpayers registered in Hungary, which means that the VAT threshold concerning the reporting obligation (HUF 100,000) no longer applies. According to changes in the law, from 1 July 2020, the online reporting obligation does not only have to be fulfilled for invoices in which the VAT amount charged reaches or exceeds HUF 100,000, both for all invoices issued between domestic taxable persons where VAT is charged and also for invoices in respect of VAT exempt domestic sale of goods and supply of services and domestic reverse charge transactions. Furthermore, all invoices subject to data reporting need to include the first eight digits of the Hungarian VAT taxpayer partner.
As a further change, from 2021, the data reporting obligation will be extended also to invoices issued to non-taxpayers, i.e. practically covering all possible invoices issued. The data reporting on invoices issued to non-taxpayers does not include the name and address of the customer. Data does not have to be provided regarding invoices issued to non-taxpayers regarding transactions with a place of supply in other Member States, and where the taxpayer satisfies its tax payment obligation within the “one-stop-shop” system. The general deadline for issuing the invoices will be reduced from 15 days to 8 days.