The VAT rate discount for restaurants brings over 10 billion

By: Trademagazin Date: 2020. 11. 13. 13:41

Locally prepared food and non-alcoholic beverages are subject to 5% VAT when taken away or shipped. VAT on freight has not decreased, nor has the 27% key for workplace hospitality. Caterers can win HUF 12 billion if they keep a third of the previous markets.

From 14 November, the rate of value added tax will be reduced to 5% for food and beverage sales sold for take-away or home delivery, in the case of so-called restaurant catering, as defined in the VAT Act. However, this does not apply to shipping charges. And 27% VAT on workplace hospitality has stayed where it used to be.

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