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Ukraine Parliament Considers Bill to Simplify Tax Audits and Raise VAT Registration Threshold

  • Ukrainian Parliament is considering Bill No. 14167 to amend tax measures.
  • The bill simplifies inspections for non-VAT entrepreneurs by limiting audits and removing certain cash management requirements.
  • It raises the mandatory VAT registration threshold for small businesses to 400 times the minimum wage, replacing the previous 1 million hryvnias limit.

Source: news.bloombergtax.com

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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