In what term individuals-entrepreneurs – single tax payers of Group III, who use taxation peculiarities determined in...?

Press service of the State Tax Service of Ukraine, published 06 October 2022 at 18:09 Chapter: News

In what term individuals-entrepreneurs – single tax payers of Group III, who use taxation peculiarities determined in Paragraph 9 Sub-section 8 Section XX "Transitional Provisions" of the TCU, submit tax declaration to the supervisory authority and what is the deadline for payment of tax?

Sub-paragraph 9.4 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the Tax Code of Ukraine as of 02.12.2010 № 2755-VI with changes and amendments stipulates that temporarily, from 01.04.2022 until termination or abolition of the martial law on the territory of Ukraine, the single tax interest rate for taxpayers of Group III who use taxation peculiarities, determined in Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU, is set at 2% of income determined according to Article 292 Chapter 1 Section XIV of the TCU.

Sub-paragraph 9.6 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU establishes that the tax (reporting) period for the single tax payers of Group III, who use taxation peculiarities determined in Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU, is equal to a calendar month.

Amount of tax liability specified by the taxpayer in submitted tax declaration must be paid within 10 calendar days following the last day of relevant deadline provided for in Sub-paragraph 9.7 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU for submitting tax declaration.

First clause of Sub-paragraph 9.7 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU stipulates that single tax payers of Group III, who use taxation peculiarities determined in Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU (hereinafter – special taxation procedure), submit the single tax payer’s declaration to the supervisory authority within time limits set for the monthly tax (reporting) period, except as provided in Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU.

Tax declarations for the basic reporting (tax) period equal to a calendar month (including in case of payment of monthly advance payments) are submitted within 20 calendar days following the last calendar day of the reporting (tax) month (Paragraph 49.18 Article 49 of the TCU).

Single taxpayers of Group III, who use special tax procedure – individuals, in the case of determining single contribution to obligatory state social insurance (hereinafter – single contribution), submit reporting for the reporting period of December as the single tax payer’s declaration for IV quarter of the tax (reporting) year with calculation of the single tax payers’ obligations cumulatively and information on the amount of single contribution, accrued, calculated and paid in manner prescribed by the Law of Ukraine as of 08.07.2010 № 2464-VI “On collection and accounting of single contribution to obligatory state social insurance” with changes and amendments (Second clause of Sub-paragraph 9.7 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU).

Single tax payers of Group III, who use special tax procedure, are obliged to determine the total minimum single tax payers’ tax liability, submit reporting for the reporting period of December as the single taxpayer’s declaration for IV quarter of tax (reporting) year with calculation of the single tax payers’ obligations cumulatively and the total minimum tax liability.

At the same time, after termination or abolition of the martial law in Ukraine, the single tax payers of Group III, who on the day of termination or abolition of the martial law in Ukraine used  special tax procedure, from the first day of the month following the month of termination or abolition of the martial law in Ukraine lose a right to use special tax procedure and are automatically considered using tax system on which such taxpayers were before election of the special tax procedure (Sub-paragraph 9.9 Paragraph 9 Sub-section 8 Section XX “Transitional Provisions” of the TCU).