- The draft law proposes VAT administration changes for FOPs, including a switch to quarterly VAT reporting.
- It would allow VAT payers to issue consolidated tax invoices by the last day of the month for sales or advances to non-VAT-registered buyers.
- It also raises the threshold for unscheduled audits to UAH 1 million.
- Additional proposed features include pre-filled tax reporting.
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.
Latest Posts in "Ukraine"
- Ukraine Advances VAT Reform for International E-Commerce Parcels
- VAT Credit Date: When VAT Can Be Included in Tax Credit
- VAT on Corporate Rights Sales: Tax Authorities Explain Input Tax Allocation under Article 199
- VAT Form 1-VAT Submission Deadlines Explained at Rivne Tax Hotline
- Ukraine May Raise VAT to Fund Business War Insurance Fund
