12/16/2023 0 Comments Flat rate taxFor that you must collect all your expense invoices and report them to the Tax Authority alongside the invoices you issue. On a classic profit tax scheme, you would pay taxes on your net income, which is your revenue minus your expenses. Below, you can find the different tax items and limits that you will need to consider. All in all, you will end up paying between 0% to about 30% of your revenue in taxes, which is still very favorable compared to the usual employment tax burden. It is not the tax itself that is flat-rate, but the calculation of your net income, based on which you pay your taxes. The name flat-rate taxation itself is a bit misleading. But how much does it actually cost? Read on to get an overview and some examples. It is not as straightforward as KATA, but it is still simple and low cost compared to other tax regimes. Flat-rate taxation (or “átalányadó”) is currently the most popular tax regime among freelancers with a relatively low annual revenue (below HUF 28 million).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |