Tax advising - Arkconsulting - Business is safer with us!

About us

Accounting services for 150 companies
Payroll service for 350 persons
Their total revenue: 6 500 000 000 HUF
Number of successful tax investigations: 76

Please check our partners!

Details »

Newsletter archive »

Tax free emoluments: from 01.09.2009 the family allowance qualifies as tax free emolument. Such income is also the: pension, scholarship, fee of vocational school students, fee for practical training and from 01.04.2010 the maternity allowance. The employee has to declare about the existence of the tax free emolument and also about its amount to the employer. If the employee does not declare about its existence this income officially does not exist but in the annual tax return increases the tax base and it pushes the employee’s taxable income to the higher tax band and therefore it will result in payable tax. If the employee declares he/she has to specify the exact amount so that the employer can calculate the deductible tax prepayment and the current tax bands. If he declares only about the existence of the emolument but not about its amount then the total taxable income earned at the employer will fall in the 36% tax band. The family allowance constitutes in 50-50 % tax free emolument income at parents respectively at the parent and companion.

additional tax smarties »

A good adviser helps, builds, leads. The purpose of the journey and the ability of seeing the obstacles are required of a good adviser. Our aim therefore at the Arkconsulting Ltd. is to help you to understand your real opportunities. Thus when getting into decision making position, you will be able to choose the best alternative among the ones we have outlined for you.

Consultancy related to the operation of domestic businesses:

Pre-tax audit and solution proposals
Accounting service control
Tax office representation during tax audit procedures

We consider it our task during our consultations to propose a number of alternatives to our clients, pointing out the solution frames of the given alternatives and the potential risks.

Pre-tax audit:

When is a preliminary tax audit proposed in the activity of a company?

When your accountant works alone, is overloaded and can not spend appropriate time for trainings
When your accountant gives vague or no answers to most of your professional questions
When such accounting office carries out the bookkeeping of your company where above the accountant there is no solid tax control and supervision.
When you do not have periodic consultations with your accountant before certain business decisions
When your accountant has repeatedly tried to make you accept erroneous legal interpretation
When your accountant knows only one sentence: “This is not possible.”
When you accumulated substantial asset in your company

Why is proposed a preliminary tax audit in the activity of a business?

Because we reveal the real tax and accounting risks of the company
Because the management of the company will receive a real picture about the quality of the accounting and taxation work.
Because the identified risk is manageable in almost every case, and managing this is always more economical than a tax office assessment.
Because the identified tax risk allows the development of more alternative solutions

“What we are proud of”

In recent years we have prepared prior tax audits for several businesses which were also controlled in many cases by the tax authorities. As a result of these preliminary controls the tax office in none of the cases has established tax default.

Representation before tax authorities

We often face with the following problem:

The company receives a tax audit: the entrepreneur asks the accountant to arrange the inspection tasks and later he is faced to substantial tax default in the records. Afterwards turns to us to make miracles.

Our suggestion:

On the day of receiving the credentials (the notice about the tax audit) immediately contact your accountant and involve an independent tax adviser and chartered tax consultant as well.

The effectiveness is greatly increased if an appropriately experienced tax adviser will contact the tax authorities. The tax advisor has significant experience in such cases therefore he can properly manage the schedule of the audit and its possible outcomes. Through his experience he knows exactly what are the rights and obligations of both of the taxpayer and tax authorities during the proceedings. In the possession of this knowledge he is able to protect his client of a procedural error and at the same time he ensures the predominance of the tax payer’s rights during the proceeding.

We, at the ARKONSULTING Ltd. assure you that during your tax proceedings you will always receive clear, concise and real picture about the course of the tax proceeding as well as about the opportunities arising during the proceeding.

Our success:

Case one:

At one of our large enterprise clients the tax authorities assessed a 20 million HUF missing but payable tax and payable extra contribution which could not be solved after several requests.

Due to the personal proceeding of our company the negotiations finally have been completed successfully and the missing but payable tax was reduced to 1,5 million HUF.

Case two:

In the case of another client the tax office imposed a 11,2 million HUF tax default fine. With the assistance of our company the amount of the fine was decreased to 200 000 HUF by the tax authorities.

Case three:

In the case of another of our clients a problem also raised to which after several exchanges of letters with the Tax Authorities a solution could not be achieved. In this failing situation we managed to reach that the tax authorities order a new procedure thus making the fact-finding investigation again but this time with our help.

Home Products References Publications Downloads Contact