Setting Up the Tax Codes

Owned by Lou Dizon
Last updated: Feb 09, 2022
3 min read

Important: We highly recommend completing the tax code setup before implementing the Staria Hungary localization SuiteApp.

Setting Up Tax Codes for RTID and VAT Reporting

VAT Rate Type and VAT Rate Case

Default VAT rate type and VAT rate case can be assigned to each Hungarian tax code.

These selections will be the default VAT rate type and VAT rate case when the tax code is used on transactions.

  1. Navigate to Staria Localizations > Setup > Tax Codes.

  2. Edit the tax code to be updated.

  3. Select the [STA] HU RTID DEFAULT VAT RATE TYPE.

  4. Select the [STA] HU RTID DEFAULT VAT RATE CASE.

  5. Click Save.

Tax Codes Exempt from Data Disclosure

If a tax code has been created for transactions that are not required to be disclosed to Online Számla, the [STA] HU RTID EXEMPT FROM DATA DISCLOSURE field must be checked.

  • intra-Community acquisitions and imports of products with a domestic place of supply;

  • the supply of goods or services effected domestically by a non-domestic VAT liable person, if the domestic VAT liable person buying the product and receiving the service is obliged to pay VAT;

  • services which may be supplied remotely by a non-resident VAT liable person within the territory of the country where the VAT liable person is registered in the one-stop system in another Member State for the payment of VAT on those transactions;

  • supply of goods or services effected by a domestic VAT liable person outside the territorial scope of VAT in another Member State of the Community, if the buyer, the recipient is obliged to pay the VAT on the transaction and the invoice is made out by the buyer of the goods, recipient of the services on the basis of an authorization;

  • services which may be supplied remotely in another Member State of the Community by a VAT liable person not established in the territory of the Community or who is not established in the territory of the Community provided that the VAT liable person fulfills his obligation to pay VAT on those transactions using the one-stop system;

  • a transaction performed outside the territorial scope of the Act on VAT, if the fix business of the VAT liable person performing the transaction or the fixed establishment most directly involved in the supply is not located domestically;

  • on distance sales effected from Hungary, if after the transaction (either due to the decision of the VAT liable person or due to exceeding the value limit) no VAT liability arises in Hungary;

  • purchase document in the case of agricultural activity entitling to a compensatory premium.  

  1. Edit the tax code to be updated.

  2. Check the [STA] HU RTID EXEMPT FROM DATA DISCLOSURE field.

  3. Click Save.

Hungary VAT Tax Position

Select the tax position related to the tax code. This will be used to summarize the net amount and tax amount of the transaction line to the selected tax position of the 65A VAT report.

  1. Edit the tax code to be updated.

  2. Select the [STA] HU VAT TAX POSITION.

  3. Click Save.

VAT Rate Case Reason

The tax authority requires a reason to be specified for some VAT rate type and VAT rate case combinations. You can assign the default reason for the user’s transactions by updating this list.

  1. Navigate to Staria Localizations > Setup > Hungary VAT Rate Types.

  2. Look for rows where it says ”Enter the VAT rate reason on column ”[STA] HU VAT RATE TYPE EXPLANATION”.

  3. Type the reason.

  4. Press tab on your keyboard to save the text or click anywhere on the page.

For questions or clarifications, please contact support@staria.com.

 

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