VATupdate
ukraine

Share this post on

Social Service Providers Exempt from VAT to Enhance Accessibility and Market Growth

  • Social service providers are exempt from VAT
  • Providers must be included in the Register of Social Service Providers and Recipients
  • The Ministry of Social Policy of Ukraine is developing the social services market
  • Legislative changes aim to make services more accessible and reduce financial burdens
  • The changes align national legislation with European practices
  • The Verkhovna Rada supported and voted for the changes
  • Changes take effect from the first of August
  • The exemption is a step towards ensuring social support accessibility
  • It supports the public sector and fulfills state social obligations
  • The changes create equal conditions for all providers, focusing on service quality
  • New incentives encourage provider involvement in projects and skill development
  • Competitive conditions attract more providers to meet community needs
  • Bureaucratic burdens on the provider market are reduced

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.

Sponsors:

Pincvision
VATIT Compliance

Advertisements: