- Ukraine’s DPS has drafted amendments to VAT reporting forms and Procedure No. 21 to simplify VAT reporting and streamline the declaration’s structure.
- The VAT return and the clarifying calculation for self-detected errors would be issued in new versions, with fewer lines and combined indicators grouped by economic substance.
- Annex 1 (D1) would be updated so Table 1.2 captures all VAT liability adjustments for the relevant period, while retaining the current mechanism for adjustments tied to unregistered correction invoices increasing compensation.
- Information on recalculations of the VAT taxable-use share would move from Annex 5 (D5) to Table 1.2 of Annex 1 (D1), with a separate marker for identification; Table 2 of D5 would be removed.
- Procedure No. 21 would be revised to align filing and completion rules with the updated VAT reporting forms.
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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