- VAT payers can be individuals and legal entities on the third group of the single tax who chose the 3% tax rate, as well as agricultural producers on the fourth group.
- Single tax payers of the first to third groups are generally exempt from VAT obligations, except for those in the third group with a 3% rate and fourth group agricultural producers.
- The 3% single tax rate for the third group applies if the payer is registered for VAT.
- If a single tax payer’s taxable supply exceeds 1,000,000 UAH in 12 months, VAT registration is required, except for first to third group single tax payers.
- The simplified tax system and VAT obligations are regulated by the Tax Code of Ukraine.
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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