{"id":36275,"date":"2019-02-25T16:38:03","date_gmt":"2019-02-25T16:38:03","guid":{"rendered":"https:\/\/helpers.hu\/%d0%b1%d0%b5%d0%b7-%d0%ba%d0%b0%d1%82%d0%b5%d0%b3%d0%be%d1%80%d0%b8%d0%b8\/travel-expenses-of-a-managing-director-in-a-hungarian-company\/"},"modified":"2024-12-12T10:55:54","modified_gmt":"2024-12-12T10:55:54","slug":"travel-expenses-of-a-managing-director-in-a-hungarian-company","status":"publish","type":"post","link":"https:\/\/helpers.hu\/ru\/%d0%b1%d1%83%d1%85%d0%b3%d0%b0%d0%bb%d1%82%d0%b5%d1%80%d0%b8%d1%8f-%d0%b8-%d1%84%d0%b8%d0%bd%d0%b0%d0%bd%d1%81%d1%8b\/travel-expenses-of-a-managing-director-in-a-hungarian-company\/","title":{"rendered":"Travel expenses of a managing director in a Hungarian company"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">What is a business trip?<\/h2>\n\n\n\n<p>A\nbusiness trip is when you as a managing director visit another city or another\ncountry to meet clients or suppliers, or attend a conference related to the\nfield of operation of your Hungarian company (of course, other reasons are also\npossible). Only expenses strictly related to business can be paid for by\ncompany money.<\/p>\n\n\n\n<p><em>E.g.: The airplane ticket, hotel reservation and meals can be covered by the company. Visiting a museum while you are there cannot \u2013 the entrance tickets are NOT company related business travel expenses. If you happen to pay with your company credit card as an accident, you will have to pay it back to your company.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Travel expenses that are deductible and that have \u201crepresentation tax\u201d<\/h2>\n\n\n\n<p>In general, the costs related to a business trip are accepted as business costs in Hungary, and as such are deductible from the corporate tax. Some expenses, however, are subject to the so called \u201crepresentation tax\u201d <a rel=\"noreferrer noopener\" aria-label=\"(read more about it here (opens in a new tab)\" href=\"https:\/\/helpers.hu\/ru\/%d0%b1%d1%83%d1%85%d0%b3%d0%b0%d0%bb%d1%82%d0%b5%d1%80%d0%b8%d1%8f-%d0%b8-%d1%84%d0%b8%d0%bd%d0%b0%d0%bd%d1%81%d1%8b\/representation-tax-taxation-representation-expenses-hungary\/\" target=\"_blank\">(read more about it here<\/a>). As a rule of thumb, everything related to the trip itself (taking a taxi to the airport, airplane ticket, accommodation, conference ticket) can be deducted, while everything related to meals and other entertainment (e.g. having dinner at a restaurant, taking a taxi to the hotel after dinner) is taxed with the representation tax.<\/p>\n\n\n\n<p>Accordingly,\nlet us clarify some typically complex cases:<\/p>\n\n\n\n<p>1.\nIf your flight ticket contains a meal or your accommodation prices contain\nbreakfast, the representation tax will not apply<\/p>\n\n\n\n<p>2. If\nyou buy any food or drink for yourself on the plane, or if your meals are listed\nas separate items on the invoice for accommodation, the representation tax will\napply.<\/p>\n\n\n\n<p>For some further typical examples of costs charged with the representation tax, take a look at our table <a href=\"\/wp-content\/uploads\/2024\/12\/Representation-Tax-Hungary-2019.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tracking travel costs when on a business trip<\/h2>\n\n\n\n<p>When\non a business trip, you have to<strong> keep documenting the expenses of your company<\/strong>, since they will have to be reported to the Hungarian tax authority. You\nhave to register all your expenses in a <strong>travel expense report<\/strong>\n(for which your accountant can provide a template), while it should also\ncontain proper justification for your traveling. &nbsp;<\/p>\n\n\n\n<p>Put\nonly those travel expenses on your company\u2019s account that you can <strong>support with documents<\/strong> sufficiently, as the Tax Authority expects you\nto be able to justify and certify company expenses related to your business\ntrip.<\/p>\n\n\n\n<p>Accordingly,\nyou always need to <strong>ask for a proper VAT invoice<\/strong>\nissued to your company\u2019s name (including your company\u2019s seat address and VAT\nnumber). In Hungary, you will be able to get a VAT invoice for everything, but that\nmight not be the case abroad. If that happens (e.g. with train tickets, public\ntransportation, taxi), you must simply <strong>keep the receipts<\/strong> and\ninclude them in the travel report. Many airline companies do not offer the\noption for requesting an invoice on their online interface, while they do offer\nit upon request. As a result, make sure to give a call to the customer support\nof the airline to see if they can provide an invoice separately. If not, then <strong>save a copy of the correspondence<\/strong> for the records, as you will be required to submit\nthe flight ticket (containing your name) and the copy of the correspondence to\nyour accountant. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Let\u2019s sum it up<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pay with company money only for business related costs<\/li>\n\n\n\n<li>Keep a record of all expenses<\/li>\n\n\n\n<li>Get an invoice or at least a receipt of each purchase<\/li>\n\n\n\n<li>Most expenses are deductible, but meals and entertainment are subject to<br>the representation tax<\/li>\n<\/ul>\n\n\n\n<p>The\nabove only apply if you make the business trip as a managing director of your\nHungarian company. If your employees are the ones making the business trip,\nsome further regulations apply to their travel expenses. Consult your\naccountant in advance!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In general, the costs related to a business trip are accepted as business costs in Hungary, and as such are deductible from the corporate tax. Some expenses, however, are subject to the so called \u201crepresentation tax\u201d.<\/p>\n","protected":false},"author":8,"featured_media":10868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1081],"tags":[1084,1030,1249],"class_list":["post-36275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1081","tag-accountancy-ru","tag-business-ru","tag-invoicing-ru"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Travel expenses of a managing director in a Hungarian company - Helpers Hungary<\/title>\n<meta name=\"description\" content=\"Learn how to correctly plan and record travel expenses when you go on a business trip for your Hungarian company, what is deductible, and what is taxed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/helpers.hu\/ru\/%d0%b1%d1%83%d1%85%d0%b3%d0%b0%d0%bb%d1%82%d0%b5%d1%80%d0%b8%d1%8f-%d0%b8-%d1%84%d0%b8%d0%bd%d0%b0%d0%bd%d1%81%d1%8b\/travel-expenses-of-a-managing-director-in-a-hungarian-company\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Travel expenses of a managing director in a Hungarian company - 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