The Ministry of Finance has published a major tax bill that \u043f\u0440\u0435\u0434\u0443\u0441\u043c\u0430\u0442\u0440\u0438\u0432\u0430\u0435\u0442 mandatory VAT registration for simplified-tax system entrepreneurs with annual revenues starting from 4 million UAH, taxation of parcels valued up to \u20ac150, continuation of the 5% military levy after the war, and the introduction of international automatic exchange of information on income earned via digital platforms (Uklon, OLX, and others).<\/p>\n
As noted in the explanatory memorandum, the adoption of the document will allow the state budget to attract an additional approximately 60 billion UAH per year and ensure continued military levy revenues after the end of martial law. The bill complies with Ukraine\u2019s tax obligations under the IMF program.<\/p>\n
Simplified-tax entrepreneurs will be required to become VAT payers starting January 1, 2027. For those paying the single tax, it is proposed to set the reporting period as a calendar quarter, as well as to introduce penalty sanctions of 1 UAH for the first five violations during 2027. The bill also allows the issuance of consolidated tax invoices for the supply of goods and services, as well as for receiving advance payments, even if the person is not a VAT payer.<\/p>\n
Regarding the military levy, it is proposed that it be paid until a decision by the Verkhovna Rada on the completion of the Armed Forces reform comes into force. For sole proprietors in the first, second, and fourth groups, a rate of 10% of the minimum wage is proposed, while for third-group taxpayers it would be 1% of income.<\/p>\n
Income from digital platforms is currently taxed at 18%, but it is proposed to reduce this rate to 5%, and to exempt income up to \u20ac2,000 per year from taxation.<\/p>\n
For parcels, the bill \u043f\u0440\u0435\u0434\u0443\u0441\u043c\u0430\u0442\u0440\u0438\u0432\u0430\u0435\u0442 taxation of \u0434\u0438\u0441\u0442\u0430\u043d\u0446\u0438\u043e\u043d\u043d\u043e sold goods valued up to \u20ac150 that are delivered to individuals via electronic interfaces. Parcels valued up to \u20ac45 intended for personal or family use are exempt from VAT.<\/p>\n
The bill must be adopted by the end of March in accordance with the terms of the new $8.1 billion EFF program.<\/p>\n","protected":false},"featured_media":151337,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-151336","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/151336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/151337"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=151336"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=151336"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=151336"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=151336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}