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3rd June, 2021

Clients wary of extra KATA tax

Only 14% of clients of KATA taxpayer businesses are prepared to pay the 40% extra tax on the part of annual orders that exceeds Ft 3 million, K&H bank found in a survey.

The higher tax on revenues from one client came into force on January 1.

Some 74% of clients – who are obliged to pay the extra tax on the amount exceeding the threshold – said they will stop orders at just below Ft 3 million.

Only 11% of the clients are willing to employ their KATA category suppliers in ordinary employment.

Another 45% of clients are advising their suppliers to opt for a different taxpaying regime. (index.hu)

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