The Cabinet of Ministers of Ukraine extended the quarantine in Ukraine until April 30, 2021. The relevant decision was adopted at a meeting of the Government on February 17, 2021.
At the same time, the Government is easing some quarantine restrictions. Ukraine will return to the adaptive quarantine model. Different quarantine restrictions will be imposed in the regions depending on the epidemic situation.
As last time, there are four levels of epidemic danger, each of which has clear restrictions and criteria. This was announced by the Prime Minister of Ukraine at a meeting of the Government.
According to the draft resolution, which was supported by the Government, there are four levels of epidemic danger: green, yellow, orange and red.
The green level is the indicator that should be achieved to reduce or eliminate anti-epidemic measures. It can be established provided that the incidence of flu and ARVI in at least 13 regions of Ukraine does not exceed 50% of the epidemic threshold established for the region. The second criterion is the detection of cases of COVID-19 infection (by PCR and antigen determination) – less than 5%.
The yellow level is basic for the whole country and provides for appropriate restrictions and anti-epidemic measures, but with some mitigations.
In particular:
- it is allowed to hold mass events (cultural, sports, etc., if there is 4 square meters per person, or with a hall capacity of more than 50% of seats. Previously, there were restrictions that no more than 20 people could participate in events with 5 square meters of area per person provided;
- groups of more than 20 people are allowed to visit educational institutions;
- it is possible to hold matches of team sports, but provided that half of the planned seats are occupied;
- restaurants, cafes, bars and canteens are opened until 00:00 (previously until 23:00);
- pools are allowed, more people will be able to stay in gyms and fitness centers.
The orange level is set after the yellow and indicates a complication of the epidemic situation. It does not provide for the introduction of additional restrictions at the state level, but signals the danger of approaching the red level.
The red level provides for the introduction of strict quarantine restrictions, which were in effect during the January lockdown.
In particular:
- the activity of public catering establishments will be prohibited (except for address delivery and “take away” service);
- the work of shopping and entertainment centers and other entertainment establishments – cinemas, theaters, etc. is prohibited;
- educational institutions will not work (except for kindergartens and primary schools);
- non-food markets and shops, gyms, swimming pools, fitness centers will be closed.
The decision was made with a finalization within one day.
The government decree enters into force on February 24, 2021.
The State Tax Service of Ukraine reminded that on January 1, 2021, Ukraine introduced a single account for the payment of taxes and fees, a single contribution to the mandatory state social insurance (hereinafter – SSC).
The single account for payment of monetary obligations and/or tax debt on taxes and fees, SSC and other payments, the control of which is entrusted to the State Tax Service of Ukraine (hereinafter – STSU), arrears of other payments may be used by the taxpayers at their request.
The use of a single account by the payer begins on the business day following the day the payer submits a notice of use of such account. If the payer – a legal entity has separate divisions, the notice of use or refusal to use a single account must be submitted by such payer for each separate division.
All current payments, tax debt on such payments and arrears of the single contribution, monetary liabilities, which are determined on the basis of tax notices-decisions, can be paid through a single account.
However, the single account cannot be used to pay monetary obligations and/or tax debt on value added tax, excise tax on the sale of fuel and ethyl alcohol, as well as to pay part of the net profit to the budget by state and municipal enterprises and their compounds.
In the case of using a single account, the payer is obliged to make payments only through a single account, except in the cases mentioned above. Funds paid by the payer to other accounts opened in the name of the Treasury for payment of monetary obligations and/or tax debt (arrears) of taxes and fees, SSC and other payments, the control of which is entrusted to the STSU, are considered erroneously paid monetary obligations and subject to return in the manner prescribed by Art. 43 of the Tax Code of Ukraine (hereinafter – the Tax Code).
To credit funds to a single account, the payer must fill in a settlement document for transfer in accordance with the requirements of the Procedure for filling in transfer documents in case of payment (collection) of taxes, fees, customs duties, single contribution, budget reimbursement of value added tax, return of erroneously or excessively credited funds approved by Order of the Ministry of Finance No. 666 of July 24, 2015.
Formation of the register of payments from the single account according to the separate payer to STSU occurs on the basis of rules of items 35.5, 35.7 of the Tax Code, taking into account the order of payment specified in item 35.6 of the Tax Code.
The register of payments from the single account for an individual payer as part of the consolidated register of payments from the single account is the basis for the transfer by the Treasury of payments to the recipients specified therein.
If the payer refuses to use the single account, such use must be terminated from January 1 of the following calendar year on the basis of a notice of refusal to use the single account.
Notification of the use or refusal to use the single account is submitted by the taxpayer in electronic form through the electronic cabinet using form J/F 1307001. The taxpayer has the right to notify the use or refusal to use the single account once a calendar year.
The State Statistics Service of Ukraine informed that respondents should submit financial statements for 2020 in electronic form using forms approved by the relevant orders of the Ministry of Finance of Ukraine, taking into account Order of the Ministry of Finance of Ukraine "On Amendments to Certain Legal Acts of the Ministry of Finance of Ukraine concerning Accounting” No. 588 of September 29, 2020 (hereinafter – Order No. 588).
The financial statements of the microenterprise are submitted using form S0111005.
It should be recalled that Order No. 588 made some changes to NAS 25 “Simplified Financial Statements”. In particular:
- the mention of the debt of the founders for the formation of the authorized capital was removed from the item “Current receivables”;
- it is provided that the item “Unpaid capital” reflects the amount of debt of owners (participants) for contributions to the authorized capital. Amounts under this item are calculated when determining the amount of equity;
- form No. 1-мс after the item “Retained earnings (uncovered loss)” is supplemented with a new item “Unpaid capital”.
Resolution of the National Bank of Ukraine “On Preventing and Counteracting Legalization (Laundering) of Proceeds from Crime, Terrorist Financing and Financing Proliferation of Weapons of Mass Destruction in Connection with the Introduction of Additional Restrictive Anti-Epidemic Measures” No. 19 of February 15, 2021 (effective from February 17, 2020) introduced measures in the field of financial monitoring in connection with the introduction of additional restrictive anti-epidemic measures.
Banks are obliged no later than 30 calendar days after the end of the period specified in paragraph 3 of Resolution of the Cabinet of Ministers of Ukraine “On quarantine and restrictive anti-epidemic measures to prevent the spread of acute respiratory disease COVID-19 caused by Coronavirus SARS-CoV-2” No. 1236 of December 9, 2020 (hereinafter – Resolution No. 1236):
1) to update the data on customers provided for in items 13–17 of Annex 1 to the Regulation on financial monitoring by banks No 65 of May 19, 2020 (hereinafter – Regulation No. 65), if the term of taking these measures falls on the period specified in item 3 of Resolution No. 1236, and the bank cannot establish contact with such clients;
2) to take additional measures if the period of application of these measures falls on the period specified in item 3 of Resolution No. 1236, and the documents and/or information available in the bank are insufficient to analyze and/or make a decision on individual financial transactions (their totality) in accordance with item 8 of Annex 15 to Regulation No. 65.
It should be recalled that item 3 of Resolution No. 1236 provided for a “winter lockdown” for the period from January 8 to 25, 2021.
The National Bank of Ukraine reminded insurers of the need for confirmation by an auditor authorized to conduct audit of public interest entities of the reliability and completeness of annual financial and annual consolidated financial statements and to provide assurance on annual reporting data. Namely, insurers must submit to the National Bank:
- audit report on the mandatory audit of financial statements and consolidated financial statements (if the insurer is required to prepare consolidated financial statements);
- an assurance report for reporting data.
The National Bank of Ukraine reminded that insurers, when compiling and submitting reports to the National Bank, must be guided by the Register of reporting indicators of non-banking financial institutions. It is available on the website of the National Bank of Ukraine. Here you can also find step-by-step instructions for reporting by non-bank financial institutions and answers to the most common questions about reporting.
At the same time, the forms of visualization of insurers' reporting indicators can be:
- for annual financial and consolidated financial statements – forms established by the National Accounting Standard 1 “General requirements for financial reporting”, approved by Order of the Ministry of Finance of Ukraine No. 73 of February 7, 2013 (as amended);
- for annual reporting data of the insurer – forms established by the Procedure for compiling reporting data of insurers, approved by Order of the State Commission for Regulation of Financial Services Markets No. 39 of February 3, 2004 (as amended).
In addition, it should be noted that the National Bank plans to update the procedure for submitting audit reports. In particular, it is going to allow to submit reports not only in paper form, but also in the form of the electronic document certified by the qualified electronic signature of the head. Such changes are provided in the draft resolution of the Board of the NBU “On approval of the Regulations on determining the conditions of financial services, the implementation of which requires a license (license conditions)”. The updated procedure for submitting the audit report will work only after the relevant resolution of the NBU Board enters into force.
