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European VAT News

European VAT News – July 2020

By July 28, 2020July 10th, 2021No Comments

Hungary: The Hungarian tax authorities have confirmed that the retail sales tax that was applied during the Coronavirus crisis will remain in place permanently.

Hungary

The Hungarian tax authorities have confirmed that the retail sales tax that was applied during the Coronavirus crisis will remain in place permanently.

 

This monthly turnover tax was introduced in May 2020 and applies to all retailers selling and delivering goods in Hungary, which includes all retailers selling online.

 

Ireland

The Northern Ireland Protocol to the Withdrawal Agreement was designed as a practical solution to avoid a hard border on the island of Ireland, whilst ensuring that the UK, including Northern Ireland, could leave the EU as a whole.

 

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The above information was kindly provided by:

Covertax Chartered Tax Advisers (UK), contact: Steve Botham at steve.botham@covertax.co.uk

Fiscal Solutions (UK), www.fiscalsolutions.co.uk; contact: contact@fiscalsolutions.co.uk