Dear Our Client!
Please let me tell you few words about it the proposed tax changes:
- From 1st January 2018, the companies have to register their foreign bank accounts to the Tax Office.
- Tax Authority will publish a list from those tax payers who don’t submit their VAT reports in time.
- The rules of virtual office services will be tightened. The details of the tightening will be published later.
- From 01/07/2018, all companies (in their VAT reports) have to report their issued and received invoices which have more than 100.000 HUF VAT. In these invoices, the partner’s VAT number must be indicated
- From 1st January 2018, the health contribution (14%, over 1 million huf revenue) will be cancelled for the rentals. The only tax will be paid is the 15% personal income tax.
- From 1st January 2018, the VAT for internet services and for restaurant services will be decreased from 18% to 5%.
- The central government published „Cégkapu” – Company gate – where every company has to register. This is a platform where the authorities will communicate with the companies. The deadline for the registration is 31st August, but until 31st December, nobody will be fined.
The Managing Directors have to register the company with the own „Ügyfélkapu code” on the website https://tarhely.gov.hu/ckp-regisztracio/kaulogin.html („Bejelentkezés” – Log In) and after on the website https://rendelkezes.kekkh.gov.hu/rny-public/. If you don’t have „Ügyfélkapu registration”, you can do it only personally at a Hungarian Government Office.
In this matter, please take care of it as soon as possible.
Please note that the majority of the points listed are only drafted. We will also provide information at the end of the year.
Sources: adozona.hu, ado.hu, pallas70.hu
Budapest, 14th July 2017.
Best Regards,
Perscriptor Könyvelőiroda Kft.
