Determining the total volume of transactions for the supply of goods / services for the purposes of mandatory registration of a person as a VAT payer

The Main Department of the State Tax Service in Kyiv draws attention to the fact that the total volume of transactions for the supply of goods / services for the purposes of mandatory registration of a person as a VAT payer includes transactions subject to taxation at the basic VAT rate of 7 and 14 percent, zero VAT rate and exempt (conditionally exempt) from VAT. The volume of transactions that are not subject to VAT is not included in the total volume of transactions for the supply of goods / services for the purposes of registration of a person as a VAT payer.

According to item 181.1 of Art. 181 of the Tax Code of Ukraine (hereinafter – TCU) a person is subject to mandatory registration as a VAT payer if the total amount of transactions for the supply of goods / services subject to taxation, including the use of local or global computer network, accrued (paid) to such a person during the last 12 calendar months, in total exceeds UAH 1,000,000 (excluding value added tax), such a person is obliged to register as a taxpayer with the controlling authority at his location (residence) in compliance with the requirements of Art. . 183 of the Tax code of Ukraine, except for the person who is the payer of the uniform tax of the first – the third group.

In case of mandatory registration of a person as a taxpayer, the registration application form № 1- VAT is submitted to the supervisory authority no later than the 10th day of the calendar month following the month in which the first taxable transactions reached UAH 1,000,000 (paragraph 183.2 of Article 183 TCU).

Source: gov.ua

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