On the 29th of April 2020, the Cabinet of Ministers of Ukraine approved Operation order of the single account for payment of taxes, fees, single social contribution to compulsory state social insurance and compliance with the provisions of Article 351 of the Tax Code of Ukraine by the central executive bodies.
Single account will be valid starting from the 1st of January 2021. It is opened in the name of the State Tax Service of Ukraine in the Treasury. Taxpayer can optionally use such account for payments. In order to do so, the taxpayer must submit a notification on the use of single account in electronic form through the Electronic cabinet in the manner prescribed by Article 421 of the Code.
Taxpayer has the right to notify about the use or refusal to use single account once during a calendar year.
Single account can be used for all current payments, tax debt on such payments and arrears of the single social contributions, monetary liabilities determined on the basis of tax notification-decision.
Single account cannot be used by the taxpayer for payment of monetary liabilities and / or value added tax debt, excise tax on the sale of fuel and ethyl alcohol, as well as for part of the net profit (income) payable to the budget by state and communal unitary enterprises and their associations.
It should be reminded that the Verkhovna Rada of Ukraine adopted the Law of Ukraine as of 04.102019 № 190-IX “On amendments to the Tax Code of Ukraine on the introduction of single account for taxes, fees and single social contribution to compulsory state social insurance” and the Law of Ukraine as of 13.04.2020 № 559-IX “On amendments to some legislative acts of Ukraine on the introduction of single account for taxes, fees and single social contribution to compulsory state social insurance”.