Suspended registration by the VAT payer will be renewed from August 1, 2023

Law of Ukraine No. 3219-IX as of 30.06.2023 "On amendments to the Tax Code of Ukraine and other laws of Ukraine regarding taxation peculiarities during the martial law" (hereinafter - Law No. 3219), which cancels the single tax rate in the amount of 2 percent of income for payers Group III, enters into force from August 1, 2023.

Single tax payers of Group III, who used taxation peculiarities with 2 percent rate and who, as of July 31, 2023, did not refuse to use them on their own, from August 1, 2023, are automatically considered to be using taxation system on which they were before choosing such taxation peculiarities. Taxpayers whose registration as the VAT payer was suspended in connection with single taxation peculiarities of Group III with 2 percent rate will automatically have their registration as the VAT payer renewed from 01.08.2023 with rights and obligations established by Section V and Sub-section 2 of Section XX of the Tax Code of Ukraine.