How are tax liabilities and tax credits declared in the VAT reporting during the martial law?

Information and Reference Department, published 31 March 2022 at 10:05 Chapter: News

According to information posted on the official web portal of the State Tax Service of Ukraine (https://tax.gov.ua/media-tsentr/novini/576303.html) in connection with imposition of the martial law throughout Ukraine, the taxpayers declare tax liabilities and tax credit for the reporting period of February 2022 in the VAT reporting for the following reporting period, taking into account following features:

- tax liabilities and tax credit, which as of February 24 are confirmed by tax invoices registered in the Unified Register of Tax Invoices and adjustment calculations to them, are reflected in relevant sections of tax reporting in the general order;

- tax liabilities and tax credit, which as of February 24 and until an end of the martial law throughout Ukraine are not confirmed by registered tax invoices and adjustment calculations to them in the Unified Register of Tax Invoices, are reflected in the VAT reporting on the basis of primary (settlement) documents available to payer (RRO documents, acts of acceptance – transfer, acts of performed works / provided services, etc.) compiled (received) by the taxpayer for supply and purchase of products / services according to the Law of Ukraine “On accounting and financial reporting in Ukraine”.

After an end of the martial law, the taxpayers are obliged to ensure registration of all tax invoices and adjustment calculations in the Unified Register of Tax Invoices, registration of which is postponed for duration of the martial law; all tax liabilities and tax credit declared by taxpayers during such martial law on the basis of payer’s primary (settlement) documents are subject to mandatory clarification (adjustment) taking into account data of tax invoices and adjustment calculations registered in the Unified Register of Tax Invoices.

More information is in the “Knowledge Base” of public information and reference resource