Colleagues,
we offer you a review of the legislation in January 2018.
Key news of the issue:
- As from January 5, a new regulation on cash operations will become effective;
- Finance Ministry clarified when the “lucky ones” will have to migrate to IFRS 9;
- Reciprocal reconciliation now aims at the information dealing with transfer pricing;
- Forms of the documents for Labor Agency inspections have been approved;
- Fines for the incorrect code of the goods/services in tax invoices get “unfrozen”;
- List of nonresidents for a 30% adjustment becomes longer.
Review of legislation and judicial practice in January 2018
Colleagues,
we offer you a review of the legislation in December 2017.
Key news of the edition:
- Minimum legal wage and living wage in 2018;
- Controlled transactions now include those between representative office and respective nonresident;
- Tax invoices blocking system has been suspended temporarily;
- Change in the timeline for value-added tax credit formation;
- Maximum Common Social Contribution accrual base in 2018.
Review of legislation and judicial practice in December 2017
Colleagues,
we offer you a review of the legislation in November 2017.
Key news of the edition:
- December 25 is a National Holiday;
- New changes introduced into the tax invoices/update estimates block criteria;
- No adjustments in your financial result – get a mark in the Tax Return each year;
- National Bank of Ukraine has simplified conditions for the import payments;
- Registration of the Update estimate to the blocked Tax invoice is a waste of time;
- Refusal to register a Tax invoice has no impact on the tax expenses recognition;
- Making obstacles in inspections carried out by Ministry for Labor will result in fines amounting to 100 minimum wages;
- Using an electronic invoice in settlements with foreign counterparties.
Review of legislation and judicial practice in November 2017
Colleagues,
we offer you a review of the legislation in October 2017.
Key news of the issue:
- amended Law On accounting and financial statements was made public;
- pension reform was adopted;
- declare your VAT-liabilities even when the tax invoice is not registered with the Common Register of Tax Invoices;
- all-you-can-eat buffet for employees.
Review of legislation and judicial practice in October 2017
Colleagues,
we offer you a review of the legislation in September 2017.
We are sure that you will find for yourself interesting and useful information.
Key news of the issue:
- If your VAT returns and Common Register for Tax Invoices does not reconcile – the extraordinary tax audit will come soon НДС-декларация не сходится;
- Tax authorities told us how they are going to spot the “on paper only” transactions;
-“No-pay” Director – is a violation of the labor laws.
Review of legislation and judicial practice in September 2017
Colleagues,
we offer you a review of the legislation in August 2017.
We are sure that you will find for yourself interesting and useful information.
Key news of the issue:
- opinion of the controllers about the proofs of the unreality of economic transactions and “good faith” of counterparties;
- blocking criteria have been updated;
- if an individual-entrepreneur, being on the common tax system, can depreciate trucks.
Review of legislation and judicial practice in August 2017
Dear Colleagues,
we offer you a review of the legislation in June 2017.
We are sure that you will find for yourself interesting and useful information.
The key news of the issue:
- Using a new form of the Income tax return for reporting.
- If the advances paid to suppliers subject to reimbursement from the state budget.
- How one can fill in the Form 1DF, if the person refused from the Code (RNOKPP) but received the biometrical passport.
- Adjusting the average wages of the employee transferred to the inferior position.
- The Cabinet of Ministers approved the procedure for keeping the automated system of inspections.
- Updated. Transfer pricing reports.
- The Cabinet of Ministers cancelled the state regulation of retail prices.
Dear Colleagues,
we offer you a review of the legislation in May 2017.
Key topics of the issue:
- Easing restrictions on the currency market;
- Writing off the bad accounts receivable if no provision for doubtfull debts was created;
- How for the VAT purposes to account for the compensation by employees of their private calls fron the office phone paid to the employer;
- Exporters may export the goods at the prices below the acquisition price without paying any additional VAT;
- May you when selling the goods put into colum 4, the Tax invoice, the measurement unit being different from what was specified in the TI when purchasing the same goods?;
- Shall you re-assess the already accrued and withheld PIT at 18% imposed on the dividend if the rate was changed to 9%;
Court practice:
- The State Fiscal Service of Ukraine bodies shall when accepting the tax returns check if the taxpayer files it to the appropriate body;
- The period of 1095 days, established for writing off the amounts paid by error and/or in excess, shall be calculated from the day when the cash was actually paid.
Review of legislation and judicial practice in May 2017
Dear Colleagues,
we offer you a review of the legislation in April 2017.
We are sure that you will find for yourself interesting and useful information.
The key news of the issue:
- the dividends will be taxed at the personal income tax rate – 9%;
- the company seals are not mandatory any longer;
- the single tax payers of group 4 will pay more;
- the list of the technologically complicated household goods for the single tax payers has been approved;
- the regulation on the labor safety training has been amended;
- the dividends for 2016 can be repatriated.
Review of legislation and judicial practice in April 2017
Dear Colleagues, we offer you a review of the legislation in March 2017.
We are sure that you will find for yourself interesting and useful information.
From the review you may learn about the change in the form of the tax invoice and VAT Return, as well as the conventional codes for filling out the tax invoice.
The NBU has simplified the procedure for currency transactions and the procedures for the registration of the loans/credit facilities in foreign currency attracted from non-residents.
Review of legislation and judicial practice in March 2017