Ukraine:
New Quarterly VAT Payments Introduced In Ukraine
08 April 1997
Pricewaterhouse Coopers
To print this article, all you need is to be registered or login on Mondaq.com.
(Coopers & Lybrand Times, Issue No. 23)
Quarterly VAT Payments Have Been Replaced By A More Frequent Regime
From March 1997 terms for VAT payment are as follows:
- every 10 days (by the 15th and 25th of the current month and by the 5thof the month following the reporting one) where the average amount of VAT paid during the previous year was in excess of Ukrainian Hryvnia (UAH) 25,000;
- once a month by the 15th of the month following the reporting one where the average amount of VAT paid during the previous year was up to UAH 25,000.
(Order of the State Tax Administration On Amending Regulations on Procedure of VAT Calculation and Payment dated 18 February 1997)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Vladimir Didenko on +(380) 44 244 5478/9 or enter a text search 'Coopers & Lybrand' and 'Business Monitor'.
POPULAR ARTICLES ON: Accounting and Audit from Ukraine
Audit Exemptions And Irish Companies
Matheson
Directors of Irish companies are required, pursuant to the Companies Act 2014 (the "Act"), to ensure that financial statements for a company are prepared on an annual basis...
Changes To Audit Requirements In Cyprus For SMEs
Oxford Tax Solutions
On 09 June 2022, the Cyprus House of Representatives approved amendments to the Companies Law and to the Assessment and Collection of Taxes Law. Amendment aimed at simplifying...
New Audit Requirements
CYAUSE Audit Services Ltd
I can not remember when the last time was there were such big developments in the Audit profession in Cyprus, besides of course the regular changes of the IFRs.
Sustainability Reporting By Companies
Claeys & Engels
The European Corporate Sustainability Reporting Directive ("CSRD") was published on 16 December 2022. The CSRD amends the reporting obligations of the Non-financial Reporting Directive ("NFRD").