Fiscal subject related
Other news from Hungary
Hungary's deposit return scheme now entering a new phase
Hungary started its environmental transformation with the launch of its deposit return system (shortened as DRS) starting this year. From this month, July 2024, Hungary entered the next phase of its DRS, with the end of its six-month transition period, during which time drink producers could place on the market beverage packaging both with and without deposit markings Read more
There are new e-cash registers in Hungary for the restaurant sector.
Hungary is set to implement e-cash register solutions tailored for various sectors. In catering establishments, these e-cash registers are exclusively for registering payments for services and handling orders from receipt to payment, with a mandatory consumption summary receipt issued. Read more
New document was uploaded: Overview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
What is the process for customers to get e-receipts in Hungary going to look like?
In Hungary, downloading an e-receipt that will be used based on the new requirements (that will allow the usage of e-receipts as a receipt format) involves a straightforward process leveraging modern solutions. The IT background of the e-receipt has been developed in such a way that the customer will not need any special registration to use it. All he would need is a smartphone and the app downlo... Read more
Understanding Hungary's anti-shrinkflation decree for grocery retailers
Hungarian authorities have created an Amendment Act (Decree 1/2024) on measures needed to reduce food inflation and a new legislative framework. This legal update primarily addresses the growing issue of product shrinkflation, where the quantity of products is reduced while prices remain stable or increase, effectively lowering the value consumers get for their money. The regulation targets trader... Read more
New document was uploaded: Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
The role of QR codes and encryption in the upcoming e-Cash registers in Hungary
In Hungary, the updated decree on e-cash registers emphasizes the importance of QR codes and encryption to enhance transaction security. E-cash registers are designed to scan QR codes for multiple purposes, such as receiving encryption keys from customers' devices or capturing essential customer data for invoicing. This capability is critical for maintaining the integrity of transactions and ensur... Read more