- Services
- Accounting and Tax automation
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InvoiceProxy
Seamlessly switch from paper to electronic
We offer you the experience of fully data-driven electronic invoicing, with the security of the infrastructure provided by the National Tax and Customs Administration (NAV).
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TaxConsole
Automate your Invoices with TaxConsole
Our TaxConsole application allows access to NAV’s digital services directly from your computer.
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- Accounting and Tax automation
One of the most demanding tasks related to the closing of the year is the preparation of the corporate income tax (CIT) or, based on the choice of the company, the small business tax (abbreviation based on the Hungarian expression: KIVA) return.
The professionals employed by companies usually only encounter the CIT or KIVA tax returns once a year, and therefore, the review and checking of the returns by an external expert can be help them in their work. Experts of our tax business line can assist companies in this respect.
To whom do we recommend our CIT and KIVA compliance services?
We offer our services to companies that wish to ensure that their CIT or KIVA calculations and returns are correctly prepared and filed.
Our CIT and KIVA compliance service is also of particular value to companies that wish to have their tax returns reviewed – or possibly even prepared and submitted – by tax experts with up-to-date knowledge and many years of experience, in order to avoid possible findings and penalties imposed by the tax authorities.
Why choose our CIT and KIVA compliance service?
- We will thoroughly review any CIT or KIVA calculations provided to us.
- In the course of our review we identify items that are often overlooked in the preparation of the calculations and which may affect the pre-tax profit.
- In order to achieve a possible tax reduction, we check in detail and examine which tax base reduction items the client may be entitled to claim and the conditions to be met in order to claim these.
- Particular attention is paid to identifying costs and expenses not considered to have been incurred for business activities, as these items increase the corporate tax base.
- In the case of KIVA calculations, we check the increasing or decreasing items occurring due to changes in the cash desk amount.
- We call attention to possible corporate tax reliefs that can be claimed. To use such tax reliefs – e.g. tax allowance on sponsorship of popular team sports, the investment tax incentives, or tax credits on investments and renovations serving energy-efficiency purposes – we also examine that all conditions of these are satisfied.
- If the client has not made use – or not to the full extent – of the possibility to make tax advance donations at the time when the monthly or quarterly tax advances were due, we determine the amount of tax advances that can still be offered.
- If required, we can also assist in completing the related tax returns, in addition to finalizing the calculations.
- We check whether the preparation of transfer pricing documentation is required and if so, we may also check or prepare the calculations of the arm’s length price range between the related parties.
- Upon request we can also undertake the task of the entire tax calculation, including the completion of returns and based on proper authorisation, even the filing of the returns.
- Further tax issues can also be raised during the consultations.
