Smaller Tourism Businesses Given Longer Compliance Deadline
Image by Shutterstock.com
The government has pushed back the deadline for small catering businesses and tourism attractions to comply with data provision requirements by six months until the start of next year, the Hungarian Tourism Agency, which had pressed for the delay, said on Monday, according to a report by state news wire MTI.
The deadline for submitting information on turnover to the National Tourism Data Service Center (Ntak) was pushed back until January 1, 2024 for businesses with annual revenue of between HUF 12 million and HUF 100 mln in a decree published on Monday.
The decree also exempts such businesses with turnover under the HUF 12 mln threshold from the requirement.
Catering businesses and tourism attractions with yearly turnover over HUF 100 mln will be required to submit data to Ntak from July 1.
All of the businesses, regardless of size, are required to register to use Ntak. So far, more than 25,000 catering businesses and tourism attractions have registered.
Commercial accommodations have been required to submit data to Ntak on a daily basis since 2019.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.