Tax Reporting & Strategy

Today's challenges

Our experience has shown us that even the most professional payroll specialist often does not follow the most efficient processes or industry best practices.

How can PwC help?

Our experts provide complex services in matters related to payroll activities, such as cost-effectiveness, the use of tax incentives and state aid, paper-based and electronic documentation.

Services

Tax returns / deferred tax
Accounting services
Payroll accounting
Tax Strategy & Operations
Consulting on tax and accounting technology
Audit of Tax

Tax returns / deferred tax

Services pertaining to tax returns: direct and indirect taxes
Preparing, checking and filing tax returns
Checking tax statements and calculating deferred tax liabilities

Accounting services

Performing accounting for corporations and non-profit organisations in compliance with the Hungarian accounting regulations
Checking bookkeeping records, providing assistance in other operational accounting tasks (including IFRS)
Preparing annual financial statements, simplified annual financial statements, and consolidated annual financial statements
Preparing financial statements in compliance with the Hungarian statutory requirements on the basis of books kept in accordance with other international standards (IFRS/US GAAP), calculation of differences
Preparing IFRS compliant reporting packages
Preparing statistical and other reports, filing with authorities (Central Statistical Office, National Bank of Hungary)
Performing other accounting tasks (preparing and updating accounting policies, and other mandatory policies, etc.)

Payroll accounting

Monthly/quarterly/annual payroll accounting
Performing HR administrative tasks in relation to payroll accounting
Comprehensive social security payer services
Cafeteria administration
Transferring wages and public dues payable
Reviewing the efficiency of payroll accounting, covering process and system development
Accounting allowances for benefits, taxes and social security contributions
Providing trainings in payroll, social security and HR administration

Consulting on tax and accounting technology

Comprehensive technological review of tax and accounting functions
Consulting on selection of tax and accounting technologies
Automating and supporting the preparation of financial statements and tax returns
Automating tax and accounting processes
Setting up data connections between ERP systems

Online proposal request

Contact us

Krisztina Kőmíves

Partner, PwC Hungary

Szilvia Nagy

Senior Manager, PwC Hungary