Dear Our Client!
As you will probably hear at the news that from 1st July 2018, the National Tax and Customs Office will introduce the online invoicing obligation.
1) Tax payers who use billing software to issue invoices
Starting on 1st July 2018, invoicing programs must be able to provide online data from invoices issued with more than HUF 100,000 value added tax (ÁFA).
The law says that taxpayer may use a non-online invoicing program until it is not required to complete a data service, i.e. does not issue an invoice to another domestic taxpayer with a tax more than HUF 100,000. The taxpayer will have an obligation to provide online information when issuing the first invoice with more than HUF 100,000 tax. You may get fines if this obligation is not fulfilled or improperly fulfilled.
We encourage you to contact with the developer of your invoice program to get information how your program can fulfill the obligation.
2) Tax payers who use invoice booklet to issue invoices
Tax payers using invoice booklet are more affected by a change in the law, as if the invoice has more than
- HUF 100,000 tax (in case of VAT rate of 27%, it means HUF 470,000 gross amount), you have to register the invoice details on a website within five days.
- HUF 500,000 tax (in case of VAT rate of 27%, it means HUF 2,350,000 gross amount), you have to register the invoice details on a website within only one day.
Please review your invoicing habits with the information above and consider which way you would like to use in the future.
For more detailed information, questions and answers (FAQ), visit the following website:
https://onlineszamla-test.nav.gov.hu/kerdesek_es_valaszok
(you can switch to English, German or Hungarian languages)
Budapest, 26th January 2018.
Best Regards,
Team of Perscriptor Accountancy Office.
