Tax rules will change in Ukraine: details

In the first reading, the Parliament supported changes to the Tax Code of Ukraine and other laws of Ukraine regarding the peculiarities of taxation during the period of martial law. The corresponding changes are aimed at restoring the pre-war state of the taxation system. This was reported by the press service of the Ministry of Finance of Ukraine.

"The adoption of the draft law will contribute to the increase of revenues to the state and local budgets in 2023 in the amount of about 10 billion hryvnias," explained Minister of Finance Serhii Marchenko.

As of July 1, 2023, the draft law proposes:

    1. Abolition of the possibility for sole proprietorships and legal entities to be payers of the uniform tax of the III group with the application of the uniform tax rate of 2% of the amount of income;
    2. Abolition of the possibility for FOP payers of the single tax of groups I and II not to pay the single tax;
    3. Resume document checks. At the same time, it is provided that such inspections during martial law are carried out if there are documents and other information available during inspections of safe access to territories, premises and other property that are used for conducting economic activities and/or are the objects of taxation related to the calculation and payment of taxes and fees;
    4. Resume the application of fines for violation of tax legislation; the correctness of accrual, calculation and payment of a single contribution to mandatory state social insurance; the procedure for using the PRO/PRRO;
    5. To restore the course of the terms determined by the tax legislation.
"The draft law does not provide for an increase in taxes and does not introduce new tax rates. The norms are aimed primarily at the return of tax legislation to the pre-war state. In particular, from July 1, 2023, the effect of certain norms of the Code, introduced for the period before the termination or abolition of martial law on the territory of Ukraine, will be limited," the minister emphasized.

The adoption of the draft law will ensure that Ukraine fulfills its obligations under the Memorandum on Economic and Financial Policy of December 8, 2022 and the implementation of measures, the implementation of which will contribute to increasing tax revenues in 2023.

 

Source: agronews.ua

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