What can we expect from the Hungarian Tax Authorities’ system in the e-cash register project?
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.
The latest 3 updates:
- • New webinar was uploaded: Recorded webinar: Evolution of Fiscalization:From fiscal printers to real-time data platforms
- • New webinar was uploaded: Recorded webinar: Upcoming Changes and Fiscalization Status in: Belgium, Hungary, Romania
- • New event was created: Reminder - Join our free webinar: Upcoming Changes and Fiscalization Status in: Belgium, Hungary, Romania
Questions and comments (0)
There are no comments on this news yet.