Hungary Real-Time Invoice Reporting (Online Számla)
What is RTIR in Hungary?
Real-Time Invoice Reporting (RTIR) in Hungary is a system introduced by the National Tax and Customs Administration of Hungary (NAV) that requires businesses to report invoicing data to the tax authority in real time. This system is part of Hungary’s broader efforts to combat VAT fraud and enhance tax compliance. Between 2018 and 2020, businesses were obliged to report data from invoices issued to other taxable persons (B2B) with VAT amounts exceeding HUF 100,000. Since July 1, 2020, this obligation has been extended to include all invoices issued, including B2C and cross-border transactions, regardless of the VAT amount. The objective of this regulation is to reduce VAT fraud.
How does RTIR work in Hungary?
Businesses need to integrate their invoicing software with NAV’s Online Invoice System (OIS) to ensure real-time data transmission. Real-time data on the issued invoices are sent to the National Tax and Customs Administration (NAV) in XML format
Reporting of the issued invoices (and documents regarded as equivalent to an invoice) shall be fulfilled after the issuance within a short period of time.
In case of invoicing with a billing/accounting software, the invoice data shall be transmitted to the government immediately after preparation, without human intervention. The software must be able to meet the reporting requirement for each invoice. With the automation of data reporting, the administrative burdens are decreasing for users of billing/invoicing software.
What is the required data RTIR should be transmitting in XML format?
– Exact Time, the endpoint identifier
– Manufacturer’s Name, Software Name, Version Number
– Invoice Type
– Genuine Invoice Details
– Modification Invoice Details
What are the consequences of not complying with the real-time invoice reporting in Hungary?
Failure to comply with real-time invoice reporting can lead to administrative penalty of up to 500,000 HUF per invoice.
Version 3.0:
– Taxpayers will have to report B2C invoice data in electronic format to the system.
– The invoice system will replace paper invoicing, which poses a great threat to public health during the COVID-19 pandemic. Buyers will be able to download the invoices directly from the system.
– VAT Return will not be submitted separately. The data on the e-Invoices sent will be auto-populated in an online version of VAT Return.
SNI Hungary Real-Time Invoice Reporting solution helps to retrieve required information from client’s financial tables. This retrieved information is mapped and processed to convert into the XML file required by the Tax Authority and sent to the NAV directly from the SNI Cockpit without requiring an external third party, in just one single SNI SAP solution.
