Form of the tax declaration on property status and income will be changed from the 1st of January 2020
Starting from the 1st of January 2020, the taxpayers will file the declaration on property status and income in a new form. The relevant changes to the form of the tax declaration were introduced by the Order of the Ministry of Finance of Ukraine dated April 25, 2019 №. 177 “On amendments to the Order of the Ministry of Finance of Ukraine dated October 2, 2015 №. 859”.
The new form of the tax declaration differs from the current one, namely:
line 8 of the declaration “taxpayer’s category” is amended by the new criteria “individual who claims the right for the tax rebate” which applies to citizens who declare the right for the tax rebate;
calculation of the personal income tax which reduces the tax liabilities using the right for the tax rebate, is set out in Appendix F3;
in the declaration in Section II “income that is included in the total taxable income” were additionally allocated incomes “accrued (paid, provided) in the form of remuneration and other payments according to conditions of the civil law” and “income from the individual - the lessee who is not the tax agent of the specified individual received from the leasing (subleasing, perpetual leasing) of land, land plots (shares), allocated or not allocated in kind (on the ground) that located at a location other than the landlord’s tax address”.
It should be reminded that starting from the 1st of January 2019, payment of the personal income tax (hereinafter referred to as the tax) on income received from leasing (subleasing, perpetual leasing) of land, land plots, land shares (units) allocated or not allocated in kind (on the ground) is carried out according to the Code and the Budget Code of Ukraine by the location of such land (plots, shares) and therefore the new form of declaration contains some changes in the order of calculation of tax liabilities from the tax.
At the same time, we emphasize that the tax liabilities on the military levy on income from individual - the lessee who is not the tax agent of the specified individual - the lessor received from the leasing (subleasing, perpetual leasing) of land, land plots (shares) according to the requirements of the Code should be defined in the tax declaration. Herewith, the payment of such liabilities on the military levy is made by the tax address.
