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Government reduces VAT on takeaway meals to 5%

Government reduces VAT on takeaway meals to 5%

As part of the economic protection measures taken to mitigate the economic effects of the COVID-19 crisis, the Hungarian Government aims to mitigate the economic losses of restaurants delivering meals by introducing a 5% VAT rate on the supply of meals and non-alcoholic drinks prepared on site for takeaway.

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The reduced rate shall apply to all meals and non-alcoholic drinks which would be taxed as a supply of service at the 5% rate, which applies for on-site consumption.

Government Decree 498/2020. (XI. 13.), prescribing this VAT rate reduction, entered into force on 14 November 2020 and applies until 8 February 2021. The 5% rate should be applied to meal deliveries with a date of supply of 14 November 2020 or later.

In case of any questions regarding this matter or any other, we remain at our clients’ disposal.

© 2021 KPMG Hungária Kft./ KPMG Tanácsadó Kft. / KPMG Global Services Hungary Kft., a magyar jog alapján bejegyzett korlátolt felelősségű társaság, és egyben a KPMG International Limited („KPMG International”) angol „private company limited by guarantee” társasághoz kapcsolódó független tagtársaságokból álló KPMG globális szervezet tagtársasága. Minden jog fenntartva.

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