The year 2024 brings many changes in the invoicing rules that all taxpayers should be aware of. The aim of the changes is more efficient taxation , reduction of administrative burdens and improvement of competitiveness .
In this article, we provide a comprehensive view of the most important changes in the 2024 invoicing rules, covering the requirements for electronic invoicing, invoice content, the invoicing program and data provision.
- Obligation for electronic invoicing:
- From 2024, all domestic taxpayers will be required to issue and receive electronic invoices.
- The electronic invoice must be issued in a structured format .
- The electronic invoice must be authenticated .
- Account contents:
- From 2024, the invoice must also contain new content elements , such as the customer’s tax number, the tax rate of the product or service, and the amount of the tax.
- The invoice must be issued in Hungarian .
- Billing program:
- From 2024, all taxpayers must use an invoicing program capable of issuing and receiving electronic invoices.
- The invoicing program must comply with legal requirements.
- Data provision:
- From 2024, all taxpayers will be obliged to submit data electronically to the NAV on invoices issued and received.
- Data must be provided on a monthly basis .
- Important changes in 2024:
- The online invoice data service (online SAS) will be introduced.
- The possibility of issuing and receiving paper-based invoices will cease .
- Controls related to electronic invoices are becoming stricter .
- Additional information:
- NAV website: https://www.nav.gov.hu/
We hope this article has provided useful information about the 2024 billing rules.
If you have further questions about the 2024 billing rules, please contact us via email.