Tax reporting forms changed
The Kyiv State Tax Service informs that the Order of Ukraine’s Ministry of Finance of 17 December 2012 No. 1342 «On amending the Order of the Ministry of Finance of Ukraine of 25 November 2011 No. 1492»in force from 5 February 2013 introduces changes to VAT reporting forms, as well as the Procedure for filling and submitting VAT returns.
The law reduces the number of tax returns from four VAT returns to one.
This tax form will be used by all VAT taxpayers, including those with special tax treatment, to report on their financial results and settlements with the budget (marked as «general»).
Economic entities with a special tax treatment, in addition to «general»VAT return, will file another declaration marked for a special tax treatment stating taxpayer’s type of activities.
New VAT forms apply to returns filed on or after 1 April 2013
According to the provisions of Art. 46, 48, 49 of the Tax Code of Ukraine, if the tax statements have been prepared in violation of the established procedure, the STS will not be accept the taxpayer’s returns.
