KATA: In case of financial fulfillments after 31 August, you should pay close attention to this!
Since the introduction of the new KATA legislation, many people are looking for ways to "extend" the validity of the KATA a little longer for invoicing business partners. In this context, the question has been raised in several forums as to whether it is possible to invoice in advance for services for the remaining part of the year, given that the legislation still considers fees due on the basis of a receipt issued by 31 August as revenue under the current rules. There is one case where this is possible, but in that case, attention must be paid to the proper practice of law," points out Dr. Babett Korponai, senior tax expert at ICT Business Advisory Zrt.