Fiscal subject related
Content
In this digital leap, the e-cash registers will send only validated data to the TA, improving the integrity of the fiscal data. For consumers, ease of access and high security are crucial, and for that, they will not be required to identify themselves to access their e-receipts, which adds a layer of convenience as well.
The backbone of the TA system is the so-called Receipt Store, a specialised receipt database where validated receipts are securely stored. This repository, managed by the TA, acts as a centralized hub for receipt storage and other critical functions. One notable feature is that it allows consumers to view their past transactions and download receipts at a later time, creating a digital track record of purchases without the need to retain physical copies.
Moreover, while the TA's system recognizes all essential data on the e-receipts, it's designed not to recognize non-mandatory data, ensuring compliance with privacy standards. Once the receipts are within the TA's environment, they are stored in the National Tax and Customs Administration of Hungary's (NAV) receipt repository.
The introduction of this system represents a significant modernization of the tax collection process, as it is aimed at increasing efficiency, reducing errors, and enhancing service to both companies and customers.
Other news from Hungary
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
New document was uploaded: Recorded webinar: The introduction of the e-receipts and new e-cash registers in Hungary
On April 9, 2024, Fiscal Solutions organised a free webinar on the topic of "It’s time to grow together." The webinar was held by Fiscal Solutions Legal Consultant Tara Nedeljkovic and Technical Consultant Istvan Bozoki. Read more
New document was uploaded: The translated Draft Decree of the Minister of Finance on the distribution and operation of e-cash registers and the requirements concerning e-cash registers and th
This document is a translation of the Draft Decree issued by the Hungarian Minister of Finance on the distribution and operation of electronic cash registers (e-cash registers) the requirements for e-cash registers and the issuance of electronic receipts (e-receipts). Read more
New document was uploaded: Draft Decree of the Minister of Finance on the distribution and operation of e-cash registers and the requirements concerning e-cash registers and the issue of e-re
This document is a comprehensive draft decree issued by the Minister of Finance on the distribution and operation of electronic cash registers (e-cash registers) the requirements for e-cash registers, and the issuance of electronic receipts (e-receipts). Read more
Marked returnable bottles hit the shelves in Hungary. What do you need to know?
The first bottles with special returnable marks appeared on store shelves in Hungary recently. These products have already been anticipated by environmentally conscious customers. For these goods, traders are obliged to charge a redemption fee of HUF 50. The fee (and a way to recognize such products) is clearly indicated on the price label of the product, both on the bottle and in the description below, so a customer can see which product is returnable. Read more