For yearly refunds, the deadline is 30th September following the subject year. Refunds are transferred in HUF or in EUR to any target account opened in a bank seated in the EU. The domestic VAT rate is 27%, however the scope of services and purchases for which the input VAT can be reclaimed is limited – for example, the VAT on fuel to cars cannot be reclaimed.
Foreign VAT refund assistance
Similarly to other EU tax authorities the Hungarian Tax Authority, too, accepts foreign VAT refund documentations quarterly or on a yearly basis.
Why RSM Hungary?
Members of our team carrying out Financial Representation and Tax Registration tasks are professionals specialized in Hungarian and international general turnover tax.
Fiscal representative - related products
Our products provide assistance in vat planning for enterprises. Do not hesitate to contact our professionals with your questions.
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