- Errors in the VAT calculation can be corrected by submitting a new revised calculation to the declaration.
- Taxpayers who discover errors in their previous tax declarations are required to submit a revised calculation.
- There are two options for taxpayers who discover underpayment of taxes: either pay the amount owed plus a 3% penalty, or include the underpayment in the next tax declaration with a 5% penalty.
- The procedure for submitting VAT reports and revised calculations is outlined in the Ministry of Finance’s order.
- The revised calculation must be submitted in the form specified at the time of submission.
- Taxpayers who discover underpayment of taxes must pay a penalty, which is reflected in the revised calculation.
- The purpose of the revised calculation is to correct errors in the tax declaration.
Source: news.dtkt.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
