About 98% of businesses already switched to the new system. This transaction is also important from a data protection point of view, as this specification ensures the anonymity of public data.
Tax Office in Hungary has an insight in all the invoices
Public
Hungary
Author: Kristina Dosen
Category:
General information
Views:
578
Content accuracy validation date:
20.04.2021
Content accuracy validation time:
10:29h
Content
From April 1, 2021, all invoices, even those which are issued to individuals, will be seen by the Tax Office. The three-month sanction-free period for a smooth transition ended on March 31, 2021. About 98% of businesses already switched to the new system, which can also transmit data from retail. In early March, only 20,000 out of 871,000 companies sent invoice data through the old system. The Secretary of the State noted that the transition to a new system (XSD 3.0) is also important from a data protection point of view, as this specification ensures the anonymity of public data. Retail data is essential for the analysis of the sales side, but the personal data of an individual customer is not required, so it is not seen by the Tax Office either.
Other news from Hungary
New document was uploaded: Digital Product Passport
Author: Kristina Dosen
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
Public
Hungary
Author: Kristina Dosen
Hungary
Author: Kristina Dosen
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
What can we expect from the Hungarian Tax Authorities’ system in the e-cash register project?
Public
Hungary
Author: Kristina Dosen
Hungary
Author: Kristina Dosen
As Hungary introduces new e-cash registers, the Tax Authority (TA) unveils an advanced, user-friendly service for managing receipts that will come with it, the e-receipts. The system is designed to accept e-receipts submitted to the TA within a 0–24 hour window, ensuring a non-stop, seamless service for both businesses and consumers. In this digital leap, the e-cash registers will send only valida... Read more
New document was uploaded: Recorded webinar: The introduction of the e-receipts and new e-cash registers in Hungary
Hungary
Author: Kristina Dosen
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
Hungary
Author: Kristina Dosen
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
Hungary
Author: Kristina Dosen
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?
Hungary
Author: Kristina Dosen
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