• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Email: accace@accace.com

Contact us
Sign up for news
  • Locations
  • Websites
    • Global (English)
    • Global (German)
    • Czech Republic
    • Germany
    • Hungary
    • Poland
    • Romania
    • Russia
    • Slovakia
    • South Africa
    • Ukraine
    • United States of America (USA)
  • eShop

Accace - Outsourcing and advisory services

  • Services
    • OUTSOURCING
    • Accounting and reporting
    • Accounting online portal
    • Payroll and HR administration
    • Payroll and HR online portal
    • Time and attendance online portal
    • ADVISORY
    • Tax advisory
    • Transaction advisory
    • Legal advisory
    • Corporate and secretarial
    • Advisory online portal
    • MARKET ENTRY SUPPORT
  • COVID-19
  • About us
    • Who we are
    • Case studies
    • Meet our key People
    • Partner with us
    • Corporate Social Responsibility
  • Careers
    • Open positions
    • Who we are
    • Our values
    • Success stories
    • How we care
    • How we act
    • We volunteer
  • Newsroom
  • Events
  • Locations

7 Questions & Answers regarding small enterprise tax

8 Feb 2013

From 1 January 2013 new taxes have been introduced in Hungary according to the Act CXLVII. On 2012 regarding the tax of small enterprises (“KATA”) and small companies (“KIVA”). We have chosen 7 interesting questions and answers in order to simplify the decision who would like to choose the tax of small enterprises.

 

1. How the pension liability is calculated?
  • An income of HUF 81.300 /month can be taken into account as income subject to future pension contribution, which is lower than the monthly minimal wage of HUF 98.000. This means that the future pension contribution should be taken into account on proportional basis. The activity 100% can be qualified as an employment enable for future pension contribution.

 

2. What taxes are replaced by the “KA?
  • The new tax can be applied instead of personal income tax, dividend tax, corporate income tax, social security tax, health contribution and training contribution. The tax does not replace the value added tax (expect the entities which are exempted of VAT).

 

3. What is the amount of the tax?
  • The amount of the tax is HUF 50.000/month if the individual has no other employment relationship and HUF 25.000/month if the individual is a pensioner or has other employment relationship.

 

4. What are the invoicing requirements?
  • The fact that the company/entrepreneur is a small tax payer should be indicated on the invoice issued by such entity.

 

5. If the individual is working as a small entrepreneur will be subject to social contribution?
  • Only if the individual does not have other employment relationship.

 

6. Is there an income limit for this new tax?
  • No, however if the income arrange the limit of HUF 6 million on annual basis the proportional amount will be subject to 40% surplus tax.

 

7. Which entities can choose this new tax?
  • Partnership (“Bt”) and common partnership (“KKT”) only with private individual members and private entrepreneurs/private entities.

 

 

Download more information.

Primary Sidebar

<< Back to newsroom

NEW TO THE MARKET?

Use the free consultancy delivered by our in-country experts to get you prepared.

See what is included and schedule your call now!

We only need your email

Footer

About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

Locations and contacts | Accace Circle

Our services

Accounting and reporting
Payroll and HR administration
Tax advisory
Transaction advisory
Legal advisory
Corporate and secretarial

Our eShop

Market entry support
See full list of services

Our online portals

Accounting portal
Payroll and HR portal
T&A portal
Advisory portal

Get in touch with us

Locations and contacts
Contact us
Sign up for news
Newsroom
Careers


Follow us

Facebook LinkedIn Twitter Instagram Youtube


Accace Circle

© Accace all rights reserved | Code of conduct | General Disclaimer | Disclaimer Newsroom | Cookie policy | Privacy policy | GDPR Statement

Get free access to
valuable insights
expert knowledge

Our legislation updates make it easy for you to keep on top of the latest changes affecting your business. Receive our articles, opinions, tips, industry news, country profiles, regional overviews and studies, latest events and even more, directly into your mailbox.

Check out our Newsroom to see what is included!

We only need your email

We will send you only relevant information we consider may be of your interest and treat your personal data in compliance with our Privacy policy and GDPR statement.

Unable to subscribe?  Try this page.

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies. Find out more.