- After re-registration, all supply operations (before and after cessation) are included in the VAT threshold calculation for sole proprietors on the general tax system.
- The VAT registration threshold is 1,000,000 UAH (excluding VAT) within the last 12 calendar months.
- Re-registration does not reset the income count for VAT purposes; previous turnovers must be considered.
- Ignoring previous turnovers can lead to late VAT registration and additional tax charges.
- If the threshold is exceeded, a registration application must be submitted no later than the 10th day of the month following the month the threshold was reached.
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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