The bills prepared by the Ministry of Economic Development “On Standardization” and “On Metrology and Metrological Activity” have been promoted by the Verkhovna Rada of Ukraine in the second reading, the adoption of the bills propels the system of technical regulation to a totally new level.
The Law of Ukraine 'On Standardization' brings the national standardization system into the modern international and European requirements and trends. The law provides for the establishment of a single national standards body, the implementation of the principle of optional applying of standards, the simplification and optimization of development and adoption procedures of standards, etc.
The purpose of adopting of the draft Law of Ukraine 'On Metrology and Metrological activity' is the providing of the implementation of metrological activities in Ukraine on the basis of international and European requirements, the distinction between the regulatory, the supervisory and the economic functions in the sphere of metrology, the elimination of excessive regulatory pressure of business in the sphere of metrology, the establishment of state metrological inspection.
The Ministry of Revenue and Duties of Ukraine to specified question in boxes 2 and 3 of Table 1 of Application 1 (D1) to the VAT tax declaration in case of return of goods by VAT defaulter explained the following.
Supplier – VAT payer in case of goods/ services return to him by a person who at the date of purchase of goods was not the taxpayer, had a right to reduce previous tax liabilities for VAT subject to the returning of previous delivered goods to his possession and provision for the recipient - VAT defaulter of full monetary compensation of their value.
Provided that adjustment accounts of tax liabilities through the returning of goods by VAT defaulter such adjustment is reflected in the line 8.1 of section 1 of the VAT declaration and in Application 1 (D1) to the declaration.
All the columns of Table 1 of Section I should be filled in case of filling out the Application 1 (D1), taking into account special aspects of VAT invoice details filling and VAT invoice adjustments calculation.
In particular, in case of goods/services delivering to VAT defaulter the expression “Tax defaulter” is indicated in the field “Person (taxpayer) – purchaser” of VAT invoice and VAT invoice adjustments calculation (in case of goods return).
Therefore, the expression “Tax defaulter” should be also noted in column 2 of Table 1 of Application 1 (D1). Then in column 3 of this table is indicated the conditional Individual Taxpayer Number “400000000000”.
The Ministry of Revenue and Duties of Ukraine to the question of how to correct an error in Application 2 (D2) to VAT tax declaration if the columns 2 and 3 had been filled incorrectly by a payer, and the final line “Total” had been filled correctly answered the following.
If the errors in columns 2 and 3 of Application 2 (D2) had no effect on indicators of the VAT declaration, it was possible to correct them by providing clarifying calculation. Such calculations should be attached to Application 2 (D2) of VAT declaration with the note of “Clarify”.
The adjustment is made by the correction, namely the posting error in Application 2 (D2) is indicated with a minus sign (viz. reversed) and entered the correct item and the blank is reflected (reporting in hard copy) in the final line “Total” or it is not to be filled (reporting in electronic form).
Thus filling out the clarifying calculation:
- the VAT declaration indicators are carried forward in box 4, the Application 2 (2D) is clarified to it.
- all relevant declaration indicators including corrected errors (in this case they are equal to box 4 indicators) are carried forward in box 5, and
- the blank is reflected (reporting in hard copy) in box 6 or it is not to be filled (reporting in electronic form).
The Ministry of Revenue and Duties of Ukraine in its explanation of 07.06.2014 reported the following.
The total taxable income of the taxpayer does not include monetary funds or cost of the property (services) which are provided as an aid for the treatment and medical care of the payer at the expense of the a charitable organization with the appropriate supporting documents.
In particular, such supporting documents could be:
- the documents confirming the need for treatment and medical care (health condition and characteristics of illness, injury, poisoning, pathological state of the taxpayer);
- the documents of the delivery of health services, which identify the service provider and the taxpayer to whom they are provided;
- the volume and cost of such services: contracts, invoices and applications for payment, acts of services, other necessary documents depending on the required treatment or medical care, disease and its condition.
Thus, these funds are not subject to PIT.
The Ministry of Revenue and Duties of Ukraine published the Generalize Tax Advice regarding the taxation of insurance compensation amounts which were paid to the beneficiary bank in case of insured accident with the subject of the pledge (the automobile) and forwarded to credit repayment by the bank (the Order of 02.06.2014, № 325).
Thus, according to the GTA in case of insured accident with the automobile, on the security of which the individual has obtained the credit at the bank, the insurance compensation is paid by the insurance company to such beneficiary bank, and these funds obtained on such automobile are forwarded by the bank to individual credit repayment. It is very important that the taxmen have concluded not to include the amount of such compensation in the total monthly (annual) taxable income of the individual - the borrower.
The Ministry of Finance of Ukraine in partnership with the Ministry of Justice approved the Procedure for exercising of logical and arithmetic control of Property Declaration. The corresponding Order of 20.05.2014, № 586/784/5 comes into force after its official publication.
The Procedure determines the exercising of authorized units of logical and arithmetic control of property declaration as well as the related package of measures which are implemented by its results.
The logical and arithmetic control is for establishment of an arithmetic truth and a logical correspondence of the declared data together and is implemented during thirty days from the date of filing the declaration.
The control is carried out in three stages and it is regarded as implemented after any of the final stages.
According to the State Statistics Committee, the rate of the consumer price index (inflation) was 103.8% in May.
The Pension Fund of Ukraine in its letter of 05.16.2014, № 13070/05-10 explained how to reflect the amount of the average wages for period of training assemblies and mobilization in the reporting of USC.
The payment of the average wage to the available for military service, including reservists who called up for meetings is carried out by enterprises, institutions and organizations, where the called up for meetings citizens work.
During the mobilization period, a special period, but not more than one year, the employee retains his work place and the average wage. Therefore, the labor relations with such employees are not suspended during this period.
If mobilization period and the employee being on military trainings are within one month, the average wage, which is accrued during that time, is reflected together with the wage for such reporting month.
If the mobilization period is beyond one calendar month, the amount of the average wage for the following calendar month is reflected separately.
The legislation does not provide the special type code of charges to reflect the average wage in Table 6 of Application 4 to the report of USC.
The right of the Insured is violated if the “transitional” amounts of the average wage are not reflected in separate lines for the mentioned above persons.
