The Hungarian cash register system is undergoing a major restructuring, with the introduction of the e-register machine from July 2024. This will allow electronic issuance of receipts, accessible to consumers via an application. The new system may bring additional costs and work for businesses, but it could also reduce waste and cash usage. The e-register system will replace traditional hardware-based cash registers, and all traders should be able to issue e-receipts by 2028. The new system will provide real-time data to the tax authority, but customer data protection is a priority. Detailed rules will be announced by government decree, and it is important for businesses to assess the benefits of the new system early on.
Source VGD
