The author of the article analyzes the book-keeping interpretation of investments into a limited liability company in cash, objects or rights. The estimate of investments into a limited liability company can be carried out by means of the cost method, the method of share and in rare cases by the method of fair value. The article presents the techniques of recording the estimates by means of the above stated methods and their effect on the business result of the investors.
Upon the purchase of cars from other EU member country, it is important to differentiate between the purchase of new cars and the purchase of secon-hand cars. The purchase of new cars subjects to taxation in the country where the car is dispatched (Republic of Croatia), whereas the purchase of second-hand cars subjects to taxation in the country where the car has been delivered. There are also differences in view of car dealers The purchase of new and second-hand cars which will be used for transportation of employees or performance of business activities, subjects to the payment of the speacial tax on motor vehicles. Such an obligation does not exist if the vehicles have been purchased for further sales.
This workshop deals with two business events: 1) withdrawal of cash by a debit card and 2) acquisition of financial assets. Cash need not be withdrawn from the business account for the purpose of business operations, only, but also by a credit card. In the case it is withdrawn from the business account, this can be done by a payment order form or a debit card. Besides, the withdrawn cahs may or need not be deposited in the cash register. The entries in business records are thus adjusted to such possibilities. Budgets may in some cases acquire certain ownership rights, principally without direct investments in cash, which is then correspondingly recorded.
Autor: Mr. sc. Nada DREMEL , dipl. oec., ovl. rač., ovl. rev. i porezni savjetnik
Due to the fact that the term co-financing has not been legally determined in view of its contents, it can comprise various contract relationships. One of these represents the realization of some forms of donations. According to the existing or non-existing obligationsupon co-financing, it is accounted as the corresponding source of financing.
Autor: Mr. sc. Nada DREMEL , dipl. oec., ovl. rač., ovl. rev. i porezni savjetnik
The article presents the way of calculation of public payments to the persons who participated in saving people and property as members of the operational forces or mobilized persons, including its recording in the JOPPD Form.
Workers may be employed on a full-time or part-time working basis. A part-time work is usually contracted due to the reduced volume of work, the business dynamics of the employer or if such a work is suitable to the employee. Since 2009 the contributions on the salary for part-time work have to be calculated on the gross amount of the salary determined by the corresponding contract. The article presents the cases when such a rule is not applied.
The amount of the pension depends on the salaries stated in the main register of the Croatian Pension Insurance Institute. In order to enable the exact calculation of the value points, the Croatian Pension Insurance Institute has been controlling the data, which should make it possible to exercise the rights by beneficiaries. The article presents the realization of such a control and the way of submitting the forms for the needs of the control.
Citizens – renters, who provide accommodation services in rooms, apartments, holiday houses or camp sites, usually do not subject to VAT payment and may pay the lump sum of income tax. However, if they are obliged to pay VAT on accommodation services, they apply a reduced VAT rate of 13%, which has been valid since 1 January 2014. The above stated services can be rendered directly to guests or through mediation of a travel agency. Accordingly, in the contract signed between the renter and the travel agency the services, the provider of such services, accommodation or rent and the provision on whose behalf and account the travel agency operates should clearly be stated, in order to properly determine the tax position of such services.
The author of the article presents the cases in which the Croatian tax payers, who do not have a residence or the permanent business unit on the territory of Austria and who perform certain deliveries of goods and services there, should be registered for the VAT needs in Austria. The article separately analyzes the possible acts of the Croatian tax payers upon the sales of goods on the territory of Austria, upon the import of goods from Austria into third countries, upon the delivery of goods from Austria inot other EU member countries, upon the removal of goods from Croatia to Austria, etc. Besides, the article provides the instructions regarding the procedure of registration of the Croatian tax payers for the VAT needs in Austria, as well as further obligations, such as submission of the VAT forms, VAT payment, etc.
Due to the seasonal characteristic of agricultural activities, the corresponding jobs are perfomed occassionally. According to the Act on Employment Promotion it is possible to recruit persons on a temporary basis, including certain specifics. Such a way of recruitment is not regarded as a labour relation. The person hired for such a job need not be registred for social secturity. It is ensured through the purchase of the value voucher, valid for one day of performing such a job. The insurance by means of a value voucher is recognized in a specific way in the pension insurance basis. The compensations for work are taxed as other income without obligation to pay contributions on the realized receipt.
Autor: Lucija TURKOVIĆ-JARŽA, dipl. oec. i ovl. rač.
A tax payer may make a claim to reduce a prepaid amount of the profit tax in the case of the reduced number of business activities, the reduced income, the increased expenditures, due to force majeure or some other circumstances because of which the amount of the profit in the current year doe s not correspond to the amount of the profit tax calculated in the last tax return. The claim should include the ecorresponding evidence such as the balance sheet, the profit and loss account for the previous period of the current year, which prove the written claim.
Autor: Mr. sc. Mirjana MAHOVIĆ KOMLJENOVIĆ, dipl. oec.
The article provides an overview of the valid value added tax rates which have been applied in the EU member countries since 1 January 2014. It also presents the list of goods and services and their VAT rates in the specific EU countries.
A written management report is regarded as an important evidence in the auditing process, which and auditor uses upon making conclusions and stating opinions. Such a written management report is submitted to the auditor in order to confirm the management’s responsibility for the prepared financial reports and the complete information provided to the audtor. The article presents an example of the written management report.
IASB je objavio prijedlog amandmana na MRS 1 - Prezentiranje financijskih izvještaja, u dijelu koji se, između ostaloga, odnosi na prikazivanje pozicija financijskih izvještaja, a u većem dijelu na bilješke. Izmjene strukture temeljnih financijskih izvještaja rezultat su primjene i stupanja na snagu MSFI–Ja 9 - Financijski instrumenti, ali i mogućnosti da se do konačnog dana stupanja na snagu cjelovitog MSFI-Ja 9 i nadalje primjenjuju odredbe MRS-a 39 - Financijski instrumenti, priznavanje i mjerenje. U nastavku se prikazuju odredbe predloženog amandmana na MRS 1 koje se odnose na načelo značajnosti, strukturu i sadržaj bilježaka uz financijske izvještaje. 1. Značajnost 2. Značajnost i objedinjavanje 3. Struktura bilježaka 4. Objava računovodstvenih politika 5. Primjena amandmana
1. Hrvatska ispunjava dva od pet kriterija za eurozonu 2. EU odobrila gotovo 14 milijuna eura za borbu protiv korupcije 3. Njemačka uvela elektronički sustav plaćanja poreza na dohodak 4. Uskoro na snazi europski nalog za zamrzavanje računa dužnika 5. Nekonzistentno oporezivanje naslijeđenih tvrtki u EU-u 6. Eurozona mora manje oporezivati rad
Upon realization of the transactions in foreign currency, according to the valid regualtions of the Republic of Croatia, it is very important to take into consideration the status of residence of phyisical or legal persons who participate in foreign currency transactions. The possibility of payment, collection of payment and transfer in foreign currency depend on the status of residence. The article points to the importance of the valid foreign currency regulations according to which the status of residence of physical and legal persons is determined, including the corresponding regulations in the field of statistics of payment transations with a special emphasis on the status of residence of physical persons.
The Act on Crafts Businesses, which became effective on 10 December 2013, introduced certain changes regarding the performance of homemade activities and sideline jobs. A homemade activity or a sideline job include all kinds of activities performed by the person, who has been professionally trained for such an activity. The permit for performance of such activities is issued by the authorized office for economy, labour and entrepreneurship. Persons may perform the above stated activities in such a status until they have realized income higher than 10 averagely received gross salaries with legal persons in the previous year, in the period January-August of the previous year. In 2014 this amount is HRK 79,410.00. In this way, the performance of these activities takes up a tax and social position in view of the regulations on income taxation, social security and payment of contributions.
Autor: Lucija TURKOVIĆ-JARŽA, dipl. oec. i ovl. rač.
A correct and truthful labeling of items provides to customers important information on the manufacturer and the product, necessary for making a decision on buying such a product. Such data are also essential to the manufacturers and sellers who regularly apply the regulations regarding the way of labeling products, which guarantees a better placement of the product on the market. Unless differently determined by a specific regulation, all non-food items sold in the Republic of Croatia should be labeled in accordance with the provisions of the Act on Consumers’ Protection. The data regarding non-food items should be clear, visible and readable, written in the Croatian language and in the Latin script. It is also possible to use other languages, too, or signs and pictographs, which a consumer can easily understand.
The provision of services of a travel agency represents one of the types of provided services in tourism industry. A travel agency is obliged to fulfil the determined conditions (branch office, business premises or housing premises, manager of a branch office, etc.) and may provide a number of services, all determined by the decision of the authorized office. In the case of violation of the corresponding obligation, a travel agency shall pay high penalties. Besides other obligations, a travel agency has to offer to the client a travel insurance for the case of an accident or sickness during the journey, damage or loss of luggage, a voluntary health insurance during the journey and stay abroad, an insurance for the case of cacellation of the journey and an insurance for the case of compensation of costs for the return of the client to the place of departure in case of an accident or sickness.
The Rulebook on Waste Disposal has been applied since February 2014. The author of the article presents the provisions of this Rulebook, which has brought a great number of changes regarding waste disposal. The article analyzes the conditions of waste disposal, the conditions to be fulfilled in order to perform sales of waste, the work of recycle yards, etc.
Certain questions regarding the organization and schedule of workers’ working time are frequently asked by employees due to the fact that a number of corresponding legal provisions can be differently interpreted and therefore it is difficult to apply them in the pracice. This article ecplains some of the provisions regarding overtime work, work on a business trip, night work, the number of working hours in a month, schedule of working time and annual holidays and come specifics referring to the recording of working time.
The new Act on Protection at Work, which became effective in June 2014, introduced certain changes in the legislation regarding protection at work, which has resulted in the successive cancellation of many by-laws, some of them were more than 70 years old, including a simplified realization of protection at work. The Act determines that the inspection control should be more preventive. The inspector may order the removal of the observed flaw. The court procedure regarding cash penalties is thus started only in the case when such a flaw has caused injuries with heavy consequences or such a violation has been repeated. The protection at work will thus be improved and be instantaneous and efficient.
Pitanja vezana za „usmeni otkaz“ ugovora o radu, za zaštitu prava člana udruge i zaštitu u povodu natječaja od velikog su značenja i kao takva zastupljena su u praksi. O svemu navedenom detaljnije pišemo u nastavku kroz prikaz sudskih odluka, s napomenom da je ova sudska praksa aktualna i u primjeni sada važećih zakona. 1. Uvod 2. Zaštita prava člana udruge 3. Otkaz ugovora o radu – usmeni otkaz 4. Zaštita u povodu natječaja
The non-prfit organizations obliged to apply a double-entry bookkeeping have to submit the financial report for the period January-June 2014. The financial report is to be prepared in the PR-RAS-NPF Form and delivered to FINA. According to the corresponding regulations such a Form is to be delivered 20 days after the expiration of the reporting period, at the latest. However, due to the fact than on this date is Sunday, the Form should be submitted until Monday, 21 July 2014. There are no differencees between the contents of the PR-RAS-NPF Form for 2013 and those for 2014. However, there are certain changes in the accounting system, which have been applied since 1 January 2014 and therefore there are differences in the contents of the positions. Due to such changes the Form for 2014 has been changed, too.
Autor: Mr. sc. Nada DREMEL , dipl. oec., ovl. rač., ovl. rev. i porezni savjetnik
Due to the fact that non-profit legal persons frequently wish to provide humanitarian aid, they have to take into consideration the provisions of the specific regulations which determine this area, in order to avoid for the humanitarian aid to be defined as donation in the sense of obligatory relations. The article presents the essential guidelines regarding this issue for the non-profit legal persons who do not have a registered activity of collection and provision of humanitarian aid. Accordingly, they have to consider certain procedures and acts in order to avoid violation of the regulations.
Autor: Mr. sc. Nada DREMEL , dipl. oec., ovl. rač., ovl. rev. i porezni savjetnik
1. Opći pregled 2. Cijene u RH i EU-u 3. Industrijska proizvodnja RH i EU-a 4. Vanjskotrgovinska razmjena 5. Trgovina na malo 6. Turizam 7. Plaće 8. Likvidnost i insolventnost 9. Zaposlenost i nezaposlenost u HR i EU-u
