- Ministry of Finance updated forms for VAT declaration and clarification calculation
- Changes were made due to the Law No. 3706 coming into force
- New forms include additional information on export operations and adjustments
- The new VAT declaration form will have six appendices
- Negative VAT values will be shown in line 19 of the declaration
- Negative VAT amount can be used to reduce tax debt or claim a refund
- Negative VAT amount should not exceed the limit set by tax regulations
- If no tax debt, negative VAT amount can be claimed as a refund
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.
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