On January 1, 2015, the Law of Ukraine “On Amendments to the Tax Code of Ukraine and some legislative acts of Ukraine regarding tax reform” dated December 28, 2014 No. 71-VIII came into force, according to which a number of changes were made to the simplified taxation system.
1. Groups of Single Tax.
There was a reduction in the number of groups of the Single Tax, instead of six groups there were four:
The first and second groups have not changed, these groups remained for individual entrepreneurs.
The third group combined the 4th, 5th, 6th groups, absorbing the maximum capabilities of the 5th and 6th groups and reducing the interest rate of the Single Tax, now it is 4%. The deadlines for filing declarations remained the same – once a quarter.
It is important that the legislator has determined the automatic transfer of all payers of the 4th, 5th, 6th groups to the 3rd group, as well as the interest rate of taxation is automatically changed for such payers, there is no need to submit any applications to the State Fiscal Service …
The fourth group is now only for agricultural producers.
2. Boundary annual income
For payers of the 1st, 2nd and 3rd groups, the boundary annual volume of income was increased, now it is the following volumes:
For 1 group – 300 thousand hryvnia
For group 2 – 1.5 mil. hryvnia
For group 3 – UAH 20 million
3. Rates of the Single Tax.
For group 1, everything remained at the same level:
up to 10% of the minimum wage established at the legislative level (from 01/01/15 the minimum wage is UAH 1218 per month, after December 01, 2015 – UAH 1378, therefore, the EN rate before 12/01/15 is UAH 121.80 ., after 01.12.15 – 137.80 UAH).
For group 2, everything is unchanged:
up to 20% of the minimum wage (before 01.12.15 – 243.60 UAH, after 01.12.15 – 275.60 UAH).
For group 3, the rates of the Single Tax have been reduced:
4% of income for non-VAT payers and
2% of income for VAT payers.
For group 4, the size of the rates of the Single Tax is determined depending on the type and area of agricultural land and / or land fund (for more details, clause 293.9 of article 293 of the Tax Code of Ukraine).
4. Cash registers
Against the background of positive changes, there are also negative ones: so, from 01.07.2015. payers of the single tax of the 2nd and 3rd groups will be prohibited from working with cash without a cash register, except for those entrepreneurs who work in the trading market and when selling goods in a small retail chain through a mobile network. The rest of the payers of the 2nd and 3rd groups will be obliged to use cash registers when working with cash or receive funds to their current bank account. With the voluntary use of the cash register from 01.01.15. until 06/30/15, such entities will be exempted from conducting inspections in the context of the correctness of work with cash registers until 01/01/17.
5. Employed workers:
The changes affected only the 3rd group, now the number of hired workers is unlimited.
The schematically simplified taxation system from 01.01.15 looks like this: