[responsive_menu_pro]

VAT Rates in Hungary

Updated Hungarian VAT rate tables

The word “taxable supplies” pertains to the supply of goods and services subject to a VAT rate, including the zero rate. In  Hungary the VAT rates are as follows: 

  • Standard rate: 27%
  • Reduced rates: 18%, 5%
  • Zero-rate: 0%

Unless a particular law provides for a lower rate, zero rates, or exemption, the standard rate of VAT applies to all supplies of goods or services. 

VAT Guide Hungary

VAT Rates in Hungary

Some supplies are designated as “exempt with credit” (i.e., zero-rated), which means no VAT is charged, but the provider may reclaim relevant input tax. Exempt from credit supply include but are not limited to exports of products outside the EU and associated services (for example, transportation) and intra-Community deliveries of commodities. 

 

Rate type  VAT rate  Categories of Products or Services 
Standard  27%  All supplies of goods and services that aren’t expressly designated as being subject to one of the other rates 
Reduced  18%  Items manufactured with wheat, flour, and starch 
     Milk and dairy products (including flavored milk, but not breast milk) 
    Commercial lodging services prior to January 1, 2020; 
    Certain public music and dance activities. 
Reduced  5%  Pharmaceuticals and medical devices are included in this category. 
    A collection of books (on paper) 
     Live specimens or (to some degree) killed and chopped flesh of some big animals (pigs, cattle, sheep, goats) 
    Meat from chickens, eggs, and milk (i.e., fresh milk and both UHT and ESL) 
     Services on the internet 
    Meals provided by caterers 
    Hotel services include nonalcoholic drinks created on the spot. 
    Hotel services include nonalcoholic drinks created on the spot. 
Sale of immovable property for resale provided that the size of the property does not exceed 150 square meters for flats and 300 square meters for detached homes (with effect from January 1, 2021) 
Zero  0%  Passenger transport for export, intracommunity, and international travel 
    Work on moveable property purchased or imported temporarily in Hungary and then exported outside the EU. 
    Central banks’ access to gold 
Exempt    Insurance and financial services 
    System of free postage 
    Accredited training 
    Purchase and sale of real estate 
    Transfer of property ownership or leasing 
    Medical treatment for humans 
    Folk arts and crafts 

 

 

Last Updated: 27/06/2022

Disclaimer

The information provided by Global VAT Compliance B.V. on this webpage is intended for general informational purposes only. Global VAT Compliance B.V. is not responsible for the accuracy of the information on these pages, and cannot be held liable for claims or losses deriving from the use of this information. If you wish to receive VAT related information please contact our experts at support@gvc.tax

Selling in Hungary?

We offer an end to end VAT Compliance package

Download the Hungarian VAT Guide

* By downloading the guide you agree to subscribe to GVC’s monthly VAT newsletter

Contact GVC for your VAT Compliance in Hungary

SUBSCRIBE TO GLOBAL VAT NEWSLETTER

Get the latest VAT information directly in your inbox and stay up to date with all VAT developments around the world.

You have Successfully Subscribed!