The Administration of the State Fiscal Service in Kyiv informs that on the 6th of November 2015 the order of the Ministry of Finance dd. 28/09/2015 №841 on approval of the statement form on application of funds, allocated for secondment or on condition of accountability, and the procedure for drawing it up came into force.

In particular, the order stipulates that the statement of application of funds, allocated for secondment or on condition of accountability (hereinafter - Statement), is submitted till the end of the fifth banking day, following the day, on which the tax payer completes such secondment, completes performance of separate civil action by order and at the expense of the person, who allocated funds on condition of accountability.

If any funds are expended superfluously, such amount is refunded by the tax payer to cashier desk or credited to the bank account of the person, who allocated them before or during statement provision.

The requirement for statement provision and refund of superfluously expended funds also spreads over the expenses, related to secondment and performance of some civil legal actions, which were paid using corporate payment cards, traveler’s, bank and personal checks, other payment documents.   

In addition, if during the secondment the taxpayer received funds using payment cards, he submits the Statement and refunds the amount of superfluously expended funds till the end of the third banking day after completion of secondment. If the seconded person – taxpayer applied payment cards for conducting settlements via bank transfer, and the deadline, set for taxpayer to provide the statement, does not exceed 10 banking days, if there exist valid reasons, the employer (self-employed person) can prolong such deadline to 20 banking days (till the clarification of issue in case of finding discrepancies between corresponding reporting documents).

If the taxpayer does not refund the amount of superfluously expended funds within the reporting month, to which the deadline is set, then such amount, determined with account of coefficient, provided in paragraph 164.5, article 164, Tax Code of Ukraine, is subject to taxation with individual income tax at the rates of 15% and 20% (paragraph 167.1, article 167, Tax Code of Ukraine) at the expense of any taxable income (after its taxation) for the corresponding month. In case of insufficiency of the income amount – at the expense of taxable incomes of next reporting months to full payment of the amount of such tax.