In the official parliamentary newspaper “Voice of Ukraine” published the laws of Association reporting on a single contribution and tax on income of natural persons – No. 115-IX and No. 116-IX.
According to the new wording of the Tax code, a report on the tax to incomes of physical persons and the sums of the single social contribution is served at the main place of accounting by month of the reporting quarter (in the terms established for the tax quarter).
For failure to submit tax statements or errors in it a penalty of 510 UAH, but such sanction will not be applied if violations of tax reporting associated with accrued tax social benefits and discrepancies corrected the taxpayer himself.
The tax Declaration must contain, including data on the amounts of accrued single contribution.
According to the law, physical persons – entrepreneurs (FLP) serves an annual tax return with data on tax on income of individuals and payment of a single premium for the base period equal to a calendar year for payers of the tax to incomes of physical persons – entrepreneurs – within 40 calendar days coming behind the last calendar day of the tax year.
It is established that the single tax payers first and second groups to file a tax return within the period prescribed for the annual tax period, and taxpayers of the third group – the deadlines for the quarterly reporting period.
The changes will take effect from 1 January 2021.