- Bill No. 14167 proposes simplified tax inspections for small businesses in Ukraine, especially non-VAT payers.
- Requirements for maintaining cash books, inventories, and cash handling limits would be eliminated.
- Tax officials could conduct control settlement operations before inspections.
- The VAT registration threshold would increase to 400 times the minimum wage.
- Income limits for simplified tax groups 2 and 3 would be raised significantly.
Source: globalvatcompliance.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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