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What is the proper protocol if a business is unable to pay its obligations in a timely manner due to the effects of the coronavirus pandemic?
Taxpayers unable to make timely payments on their obligations through no fault of their own, but due to the pandemic or the economic consequences caused by the state of emergency, may request payment concessions (deadline extensions, payment in instalments, payment reduction or exemptions) from NAV (National Tax and Customs Authority).
For taxpayers (both natural persons and business entities) citing financial difficulties caused by the coronavirus as the reason for their financial difficulties, such circumstances must be taken into consideration with extra care, within the confines of the law. Mandatory e-taxpayers may only submit such requests electronically, while taxpayers not bound to such mandatory channels of communication may submit requests either electronically or on paper. It is advisable to submit paper-based requests using the NAV official forms. The forms are available on the official NAV website (www.nav.gov.hu) under the „Downloads" → „Forms, certificates, power of attorney samples" → „Payment concession and/or reduction applications" menus.
A pre-condition to electronic administration is that the taxpayer have KÜNY (Central Customer Registration Register) storage space or Company Gate access. Electronic request forms (form FAM01 for private individuals) can be downloaded from www.nav.gov.hu „Downloads” → „Online form applications". The conditions and channels for submitting payment concession requests are detailed on the official NAV website under "Assistance in the state of emergency (Covid-19)" menu.
Source: National Tax and Customs Administration (NAV)
For taxpayers (both natural persons and business entities) citing financial difficulties caused by the coronavirus as the reason for their financial difficulties, such circumstances must be taken into consideration with extra care, within the confines of the law. Mandatory e-taxpayers may only submit such requests electronically, while taxpayers not bound to such mandatory channels of communication may submit requests either electronically or on paper. It is advisable to submit paper-based requests using the NAV official forms. The forms are available on the official NAV website (www.nav.gov.hu) under the „Downloads" → „Forms, certificates, power of attorney samples" → „Payment concession and/or reduction applications" menus.
A pre-condition to electronic administration is that the taxpayer have KÜNY (Central Customer Registration Register) storage space or Company Gate access. Electronic request forms (form FAM01 for private individuals) can be downloaded from www.nav.gov.hu „Downloads” → „Online form applications". The conditions and channels for submitting payment concession requests are detailed on the official NAV website under "Assistance in the state of emergency (Covid-19)" menu.
Source: National Tax and Customs Administration (NAV)