Law subject related
Other news from Hungary
New document was uploaded: Recorded webinar: It’s time to grow together
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more
The benefits and challenges of introducing the ePG system for electronic receipts in Hungary
A plan to reform the current cash register system has been on the agenda for years, and concrete legislation has already been formulated in the recently adopted tax package. Using the new e-cash register system (ePG system), it will also be possible to provide receipts in electronic form, which consumers can access via an application. The ePG system could bring about a significant breakthrough in... Read more
How does Hungary plan to fight changes in product size by forcing supermarkets to label such products?
Larger supermarkets in Hungary will soon have to make it clear to customers if a product has become smaller. This is intended to combat so-called shrinkflation, where items have less content while the price remains the same or even increases. The complete information regarding this subject is outlined below. According to a statement from the country’s government, food retailers with a sales... Read more
How will the new e-cash register system change the way we issue receipts in Hungary?
A plan to reform the current cash register system has been on the agenda for some time in Hungary, and concrete legislation has already been formulated in the recently adopted tax package. Using the new e-cash register system, it will also be possible to provide receipts in electronic form, which consumers can access via an application. The essence of the new e-cash register (ePG) system is that,... Read more
New document was uploaded: System comparison: OPG vs new ePG fiscal devices in Hungary
The purpose of this document is to point out the different fiscal devices and their specific components, specifically to compare the current OPG (online cash register solutions) with the newly announced possibility of ePG (e-cash registers) as new types of devices that will soon be possible in Hungary. Read more
What do customers and sellers need to know about the non-reusable packaging fee and returning them in Hungary?
The redemption fee is a charge added to the price of certain beverage products sold in non-reusable packaging, such as plastic bottles, aluminum cans, glass bottles, or cardboard. The purpose of the redemption fee is to encourage consumers to return the packaging to the seller or a designated collection point, where they can get back the redemption fee in cash or as a voucher. Read more
How may the new return fee system for beverage packaging affect VAT and retailers in Hungary?
A new law in Hungary will introduce a mandatory return fee system for beverage packaging from January 2024, affecting how VAT is calculated and reported for these products. The changes envisioned include the following.... Read more