Licenses denied for suppliers of tills connected to tax office


The Hungarian Commercial Licensing Office has so far denied all applications by companies that aim to supply tills that meet new reporting requirements, daily Népszabadság said on Wednesday. József Kőszegi, a deputy department head at the office, told the paper that none of the five till makers who applied for licenses had submitted the necessary documentation, nor were they able to produce the machines. If a till meets the requirements, a license for its use will be issued within 15 days, he added. Hungary's government earlier mandated that all tills be connected to the tax office as part of measures to make tax collection more efficient. Businesses with tills with an online data connection had until May 1, 2013 to connect them to the tax office. Businesses with tills that record transactions electronically have until December 31, 2013 to replace their machines with ones with online data connections. However, they must supply NAV with till data on a monthly basis from July 1. Replacement tills must contain a “Tax Administration Control Unit” that is capable of mobile data transfer and that cannot be removed, technical requirements that just one Hungarian company, Mobil Adat, established last December, has said it can meet, the paper said.


CIG Pannónia Board Proposes HUF 18-per-share Dividend Figures

CIG Pannónia Board Proposes HUF 18-per-share Dividend

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

IBS Reaches 50-50% Gender Ratio in Management HR

IBS Reaches 50-50% Gender Ratio in Management

Sümeg Castle Reopens History

Sümeg Castle Reopens


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.