Tax Tips From Colling Accounting In Budapest

  • 25 Sep 2014 7:02 AM
Tax Tips From Colling Accounting In Budapest
Future liabilities- real opportunities<br> Registration of invoicing softwares- upcoming duty with deadline<br> Tenders and subsidized loans- hopes and facts<br>

According to the 21st section of the Decree no. 23/2014 (VI. 30) taxpayers must report the data of the followings:
• acquired invoicing softwares prior to October 1, 2014 and still in use on October 1, 2014,
• online invoicing systems which are currently in use,
• in-house developed application which is capable to issue invoices and is currently in use
until November 15, 2014!

In addition, the invoicing softwares and online invoicing applications which are withdrawn from use or finished with using between October 1, 2014 and October 15, 2014 must also be reported to the tax authority until November 15, 2014.

The report of liabilities is also extended to those multifunctional IT solutions (for example complex administrative systems) which are suitable for issuing invoices among other functions. According to the general concept, the online invoicing systems include those which can be available through network and can offer invoicing services.

Furthermore, it should not be reported repeatedly if there was an update or a change of version in the invoicing program. If someone else is issuing the invoice instead of the taxpayer, but on behalf of the taxpayer, the user of the invoicing software should be the one on behalf the invoice is issued with the invoicing software (and not the proxy holder).

This does not exclude the opportunity – taking the rules of representatives into account - that actually (physically) the proxy could fulfill his obligation to report.

In the 2014-2020 programming period the maximum intensity of subsidies for tenders:

*the list is available here, and we will publish it in Colling Café’s written documents

Considering the region of Central Hungary,only one part of Pest County can be subsidized, support cannot be given to big companies for making investments in Budapest and the rate of intensity is increased by 5 % in the 82 settlements of Pest County.

Would you also like to be aware of the potentials in your enterprise? Would you like to be prepared for the opportunities of tenders?

You can get personal consultations and counselling from our colleagues. Please get in touch with us even today: +36 20 931 3256

Visit Colling Accounting & Consulting Ltd. online
Address: 1138 Budapest, Váci út 141.
Tel: +36 1 452 6900; Fax: +36 1 452 6910

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