Listen to the audio version of this article (generated by AI).
Listen to the audio version of this article (generated by AI).
According to a statement by the authority, inspectors found violations in 20% of cases and imposed fines totaling over HUF 80 million.
In addition to immediate penalties, serious offenders may also face subsequent tax audits. NAV inspections focused on whether traders and service providers issued invoices or receipts for income, declared employees properly, and complied with rules for selling excise goods.
Most violations were related to receipt issuance and employment declarations.
Despite the doubling of the fine for non-compliance since August last year, it is now HUF 2 mln, many businesses continue to take the risk, NAV noted.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
