Starting January 1, up to May 1, 2015, the citizens should declare their property status and income received in 2014, according to the National Tax Inspectorate in Kirovograd oblast.
Therefore, those residing in this area should file their annual tax returns stating the property status and income amount, if, throughout the year of 2014, they received:
- income not levied, when being calculated or paid;
- gains from the person, not being a tax agent (including rental income from own movable or immovable property, sale of own property, sale of own agricultural products to natural persons, etc.);
- not the special purpose financial aid, if total amount in 2014 exceeded 1710 hryvnias;
- gains from two or more tax agents provided that the annual total taxable income calculated by the said tax agents in 2014 exceeded 146160 hryvnias;
- inheritance (gifts) from persons, not being the first-degree relatives;
- income from sale of investment, if its value in 2014 exceeded 1710 hryvnias;
- foreign income.
Additionally, natural persons/taxpayers are liable to file annual income tax returns for 2014, if they received certain types of income to be taxable, but actually not levied when being calculated or paid. In this case, the taxpayer should include this income to the annual taxable income, and complete the income tax form stating the said amount.
Additionally, natural persons who attempt to get a tax credit for 2014 based on financial results can also file their tax returns. So, this type of tax returns can be filed during the entire year.
