Daily News Hungary economy

Budapest, March 22 (MTI) – The government plans to extend to new areas the mandatory use of online cash registers connected to the tax office, Economy Minister Mihály Varga said on Tuesday.

Some 20 billion to 30 billion forints extra revenues are expected in the state treasury as a result of the introduction of around 30,000 additional online cash registers, Varga told a press conference.

The new online cash registers will have to be installed from September 30 in automotive and motorcycle repair shops and replacement parts retail stores, plastic surgery clinics, disco and dancehall operators, laundries and physical training coaches. From January 1, 2017 currency exchange offices will also be required to install such tills, he added.

Hungary made the use of online cash registers connected to the tax office mandatory for a broad range of businesses in 2014, as part of measures to crack down on tax evasion.

Source: http://mtva.hu/hu/hungary-matters

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