SimpleTax - frequently asked questions
To help you find your way around SimpleTax and find out more about working with us, we've put together some frequently asked questions.
If you can't find the answer to your question, don't hesitate to contact us.
Subscription
With the amendment to the Kata Act, many entrepreneurs are forced to choose a different form of taxation for their income-generating activities.
It is estimated that the amendment could leave around 100 000 entrepreneurs without an accountant, as flat-rate taxation is a much more complex form of taxation than the kata, and therefore also creates more administrative burden for entrepreneurs.
SimpleTax was created to help entrepreneurs who are facing a significant increase in their tax bill, a significant increase in accounting fees or who have not found an accountant.
SimpleTax is a suite of services designed for direct flat-rate self-employed individuals, which provides automated processes to help them manage their record-keeping and tax administration tasks more efficiently.
In general, we take over the tasks related to record-keeping obligations from our clients, such as keeping the cash book and the logbook. From a tax administration point of view, our service includes the following:
- calculation and submission of your monthly contribution returns (58 returns)
- calculation of your quarterly personal income tax advances
- automatic notification of taxes due, details of the payment
- preparation of your annual personal income tax return
- preparation of your annual local business tax return
- handling the administration of the transition from kata to flat-rate taxation for a separate fee
- we make the necessary notifications when there is a change of insured status
- claim sick pay in case of illness (incapacity for work)
More over, we can help you to start your sole enrepreneurship starting from 7795 HUF + VAT
To become a Client, we need to go through a multi-step process to ensure that we deliver the highest quality of work. This requires the following steps:
- Click on Sign up to enter your personal and business details.
- If you meet all the criteria, you will receive a confirmation email with your individual contract, which you must sign and return to us, and we will also carry out a client due diligence procedure.
- After signing the contract and successfully completing the client due diligence, if you have paid for the package of your choice, you will receive a username and password to log in to our site and verify your details so we can start working together.
- To be able to act on your behalf and represent you at the tax authority and you local municipality, it's necessary to authorize us. We will let you know about the needed steps in email.
- In case you registered a Billingo or Számlázz.hu account, you need to authorize us, as well.
After signing the contract, you can initiate your first payment via the Stripe payment platform. We will send you a payment request by email for this purpose.
After the first successful payment, your subscription will be automatically renewed every month, so we will automatically deduct the monthly fee on the anniversary of your first payment. For more information about Stripe, click here.
Természetesen igen. Minden esetben a sikeres fizetés után állítjuk ki Neked a számlát. Kivételt képeznek ez alól az olyan tételek, melyek kiegyenlítése átutalással történik (pl. önellenőrzés beküldése). Átutalásos fizetés esetén a teljesítés után kapod meg tőlünk számlát.
A számládat minden esetben a Billingo rendszeréből, automatikusan a kiállítás után kapod meg az info@simpletax.hu címről.
Client due diligence is a requirement for, among others, accounting service providers. This obligation is imposed by Act LIII of 2017 on the Prevention and Combating of Money Laundering and Terrorist Financing. During the customer due diligence procedure, we will prepare a record of your personal and business data, which you will sign to confirm that it is correct, under the knowledge of your criminal liability.
In this context, we are obliged to record and store this data and to update it whenever changes occur.
As part of the client due diligence process, we will need copies of your ID/licence/passport (one of the three), with copies of the front and back pages if you choose ID or licence. The easiest way to provide us with copies is to scan or photograph them.
Digitális könyvelőirodaként a fenntarthatóságban hiszünk, ezért nem preferáljuk a papíralapú bizonylatolást. Ennek érdekében a számlázó platformok használata Ügyfeleinknél kötelező. Egyúttal a megjelölt számlázó platformok esetében hozzá tudsz adni minket a fiókodhoz, így a nyilvántartási kötelezettségnek hatékonyan tudunk eleget tenni.
Fontos kiemelni, hogy a hatékony működéshez szükség lesz arra, hogy Billingo esetében legalább Basic, Számlázz.hu esetében pedig legalább Start csomaggal rendelkezz.
Technical questions
The easiest - and expected - way to do this is to use billing platforms and give us access to your account. We will constantly monitor and at the same time keep you up to date with your issued invoices through various data transfer links.
If you are not registered with any of the invoicing platforms we support (Számlázz.hu and Billingo), we can obtain information about your invoices from the NAV Online Invoice system and you are required to submit a statement on the amount of your income received during the given period before your monthly contribution returns.
Related to this, it is very important to keep your account up to date on the billing platform. There are two ways to do this:
- Both platforms allow you to link your bank account to the platform, so the systems will automatically set your open customer accounts to paid.
- You need to update the status of your accounts manually in all cases.
Whichever solution you choose, in order for our cooperation to be effective, we ask that you keep the payment status of your invoices up to date, but no later than the end of the month in question for all invoices.
If you are not registered with any of the invoicing platforms we support (Számlázz.hu and Billingo), we can obtain information about your invoices from the NAV Online Invoice system and you are required to submit a statement on the amount of your income received during the given period before your monthly contribution returns.
From a tax point of view, the inherent consequence is that if a return has already been submitted and a self-review is carried out because of your late submission, and the tax liability increases as a result, a self-audit surcharge may be due.
The self-review surcharge is 365 times the central bank base rate per calendar day, and one and a half times 365 times the central bank base rate per calendar day in the case of repeated self-audits of the same return.
If the self-review did not result in an additional tax liability because the taxpayer paid their tax in full on the original due date or during a previous self-assessment, the amount of the surcharge payable shall be determined in accordance with the general rules, but amounts exceeding 1000 HUF do not have to be declared and paid.
In addition, according to our General Terms and Conditions, if it can be clearly established that the self-review was carried out because the information necessary to prepare the correct tax return was not available to us, we will charge a fee of 4990 HUF + VAT per instance in the invoice due in the following month.
Accounting related questions
As a rule, in such a case, the self-employed person will be retroactively subject to the so-called income tax under the general rules. In such a case, we will send you an individual quotation, which you can then accept in order to continue working together.
As a general rule, once you exceed the exemption threshold, you must issue invoices with VAT and, starting from that month, you are required to submit monthly returns. At the same time, you can deduct VAT on certain costs incurred in the interest of your business (there are exceptions). Given that our services do not cover the preparation of VAT returns, in such cases we will send you a customized quote, which we can proceed with once accepted.
Based on your receipts, our system will automatically calculate the amount of tax payable, and you will receive an automatic email from us indicating the account number to be used for the transfer, the beneficiary and the content of the communication field.
We can talk about two different tresholds:
- flat-rate tax limit (38 736 000 HUF / 193 680 000 HUF or pro rata temporis)
- VAT-free limit (20 million HUF)
In both cases, you will find written and graphical information in your personal account.
No, we'll do it for you as part of the service. This requires you to grant us permanent access.