10 result(s) for personal income tax in Specials
Colling Finance Insight: 'Life After KATA Changes'
- 14 Jul 2022 3:21 PM
- specials
As of 1 September 2022, KATA taxpayers will only be allowed to invoice goods and services to individuals.
Tax on Representation & Business Gifts Reduced in Hungary
- 14 Jul 2021 9:17 AM
- specials
Since 9 June no social contribution tax will be payable on representation and business gifts according to Section 70 (4) and (5) of Act CXVII of 1995 on Personal Income Tax (Income Tax Act). The tax was reduced from 35.99% to 17.7%.
Planning A European Company Formation? Set Your Mind On Hungary
- 23 Dec 2020 2:29 PM
- specials
If you want to set your foot in Europe and want to operate in the common market you should consider Hungary as a starting point, as the company income tax rate is the lowest in the European Union.
Changes In Tax Return & Payment Deadlines, Employment In Hungary
- 28 Apr 2020 3:39 PM
- specials
Pursuant to the provisions of Government Decree No. 140/2020 (IV.21.) the deadline for the assessment, return and payment of the annual and special taxes below and that for the assessment of the tax advance is now 30.09.2020 (instead of the original deadline of 31.05.2020): corporate tax (TAO), small business tax (KIVA), local business tax (HIPA), energy suppliers’ income tax (EJA), innovation ...
Colling Accounting: Tax Changes In Hungary For 2020 - 21
- 10 Mar 2020 1:58 PM
- specials
Value Added Tax: As of 1 January 2020, it is possible (as part of the self-check) to retroactively decrease the tax base as bad debt claims. In these cases, the tax base can be decreased in retrospect by the net value of the bad debt.
Colling Accounting: Changes To Tax Legislation In 2018-19
- 18 Oct 2018 12:51 PM
- specials
The legislator has decided to implement some changes to tax legislation with a view to simplification. Unfortunately, “cafeteria” (employee benefit) plans are the victims of this simplification.
Colling Accounting: Key Changes In Hungarian Taxation For 2017
- 20 Jan 2017 8:00 AM
- specials
Personal income tax:
Changes in cafeteria style benefit plans: Owing to a reduction in tax rates and a rearrangement of items included in benefit plans, there will be a significant change in “fringe benefits”.
Changes in cafeteria style benefit plans: Owing to a reduction in tax rates and a rearrangement of items included in benefit plans, there will be a significant change in “fringe benefits”.
Details of 2013 Tax Changes In Hungary
- 20 Dec 2012 8:00 AM
- specials
Colling Kft have summarised the modifications, which mostly impact the small- and medium-sized enterprises, appearing in the taxation acts adopted on 19 November 2012 and in the Act on the laws related to the taxation acts; of these we would like to highlight the new tax types supporting the small enterprises, the truly single-rate income tax, the slightly more expensive, but more transparent ...
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
Colling Finance Insight: 'Life After KATA Changes'
- 14 Jul 2022 3:21 PM
- specials
As of 1 September 2022, KATA taxpayers will only be allowed to invoice goods and services to individuals.
Tax on Representation & Business Gifts Reduced in Hungary
- 14 Jul 2021 9:17 AM
- specials
Since 9 June no social contribution tax will be payable on representation and business gifts according to Section 70 (4) and (5) of Act CXVII of 1995 on Personal Income Tax (Income Tax Act). The tax was reduced from 35.99% to 17.7%.
Planning A European Company Formation? Set Your Mind On Hungary
- 23 Dec 2020 2:29 PM
- specials
If you want to set your foot in Europe and want to operate in the common market you should consider Hungary as a starting point, as the company income tax rate is the lowest in the European Union.
Changes In Tax Return & Payment Deadlines, Employment In Hungary
- 28 Apr 2020 3:39 PM
- specials
Pursuant to the provisions of Government Decree No. 140/2020 (IV.21.) the deadline for the assessment, return and payment of the annual and special taxes below and that for the assessment of the tax advance is now 30.09.2020 (instead of the original deadline of 31.05.2020): corporate tax (TAO), small business tax (KIVA), local business tax (HIPA), energy suppliers’ income tax (EJA), innovation ...
Colling Accounting: Tax Changes In Hungary For 2020 - 21
- 10 Mar 2020 1:58 PM
- specials
Value Added Tax: As of 1 January 2020, it is possible (as part of the self-check) to retroactively decrease the tax base as bad debt claims. In these cases, the tax base can be decreased in retrospect by the net value of the bad debt.
Colling Accounting: Changes To Tax Legislation In 2018-19
- 18 Oct 2018 12:51 PM
- specials
The legislator has decided to implement some changes to tax legislation with a view to simplification. Unfortunately, “cafeteria” (employee benefit) plans are the victims of this simplification.
Colling Accounting: Key Changes In Hungarian Taxation For 2017
- 20 Jan 2017 8:00 AM
- specials
Personal income tax:
Changes in cafeteria style benefit plans: Owing to a reduction in tax rates and a rearrangement of items included in benefit plans, there will be a significant change in “fringe benefits”.
Changes in cafeteria style benefit plans: Owing to a reduction in tax rates and a rearrangement of items included in benefit plans, there will be a significant change in “fringe benefits”.
Details of 2013 Tax Changes In Hungary
- 20 Dec 2012 8:00 AM
- specials
Colling Kft have summarised the modifications, which mostly impact the small- and medium-sized enterprises, appearing in the taxation acts adopted on 19 November 2012 and in the Act on the laws related to the taxation acts; of these we would like to highlight the new tax types supporting the small enterprises, the truly single-rate income tax, the slightly more expensive, but more transparent ...
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...