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Preparing self-assessment tax return for the 2018 tax year - in Hungary

| Wrote: Ildikó Kóródiné-Kovács; Szilvia Sarkadi-Nagy
Taxpayers can optionally choose to prepare a self-assessment tax return, but there are those who are obliged to do so. Who are they and what should they do?
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For whom the Tax Authority has prepared a draft tax return, but they may decide to opt for self-assessment:

  • Taxpayers with customer portal registration, who do not want to either accept or modify the draft return prepared by the Tax Authority
  • Taxpayers without a customer portal registration, who do not request a draft PIT return from the Tax Authority either by post or in person and would like to file their own PIT return
     

Who are required to prepare a self-assessment tax return?

  • who, in the tax year concerned, only received income that is to be declared and about which the payer is not obliged to disclose information
  • who has not obtained their income from a payer


How to file your PIT return for 2018

  1. Through the PIT return interface 18SZJAl
  2. Filling out form 18SZJA in ÁNYK General Form-Filling System (ÁNYK), which may be filed through the Customer Portal or by post, printed and signed.
  3. Filling out a paper-based return. The blank return required for paper-based form and the completion instructions can be printed out from the Tax Authority’s eSZJA website or can be obtained from any customer service office of the Tax Authority. Those who do not need to electronic contact with the Tax Authority will continue to be able to file their returns by post.

The deadline for declaring and paying the personal income tax is May 20, 2019

For further deadlines check out this article >>

How can we prepare your PIT return?

a) For taxpayers with customer portal registration:

The reporting obligation can be fulfilled by filing a 18SZJA return through the customer portal, prepared with the WebNYK form-filling program available on the Tax Authority’s website. If the Tax Authority has prepared a draft PIT return for you, but you do not accept/supplement/modify it until May 20, 2019, and do not file a 18SZA self-assessment tax return either, your draft tax return will become your tax return.

b) For taxpayers without a customer portal registration:

The reporting obligation can be fulfilled by filing a paper-based 18SZJA tax return printed after preparing it with the WebNYK form-filling program available on the Tax Authority’s website, but the paper-based 18SZJA form will also be available in the customer service offices of the Tax Authority.


Here are the most important cases that is important to pay attention to when preparing a self-assessment tax return, because they must also be included in the return:

Income:

  • income not received from a payer (e.g. rent of a real estate received from a private individual)
  • income from a non-resident payer
  • sale of movables
  • sale, rent of real estate, etc.

Allowances:

  • family tax allowance not requested during the year
  • first marriage tax allowance not requested during the year
  • Personal allowance not requested during the year, etc.

Disposals:

  • membership fee paid to a voluntary pension fund
  • membership fee paid to a voluntary health or mutual aid fund
  • pension insurance, etc.

Learn more about the most important news and deadlines for the 2018 PIT return here >>

You can read about the provision for the 1+1% tax here>>

For further information about the draft PIT return prepared by the Tax Authority check out this article >>




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