The Cabinet of Ministers of Ukraine by its Resolution “On approval of the procedure of the distribution of budget subsidies for development of agricultural commodity producers and promotion of agricultural products in 2017” of 08.02.17, № 83 approved the procedure for the distribution of budget subsidies for the development of agricultural commodity producers and promotion of agricultural production in 2017. The document provides for:
- the right to receive subsidies of individual-entrepreneurs whose main activity is the supply of agricultural products;
- calculation of the ratio of agricultural commodities under agricultural products, which belong to groups 1−24 of UCC FEA (Ukrainian Classification of Commodities for Foreign Economic Activity) according to the Law of Ukraine “On Customs Tariff of Ukraine” of 05.04.01, № 2371-III;
- payment of budgetary subsidies monthly in proportion to the share of the value added tax (hereinafter − VAT) paid to the budget by an agrarian under subsidized activities in the total amount of VAT.
The State Fiscal Service of Ukraine in its letter “On taxation of income as the value of property received by the taxpayer-transferee under hereditary agreement” of 14.02.17, № 2214/Л/99-99-13-02-03-14 noted that individual-transferee after receiving of the income as the value of property under hereditary agreement should 18% of the income tax of such amount 1.5% of the war tax (sub-para.“e” of sub-para.14.1.54, para.164.3, sub-para.168.4.5 of the Tax Code of Ukraine, hereinafter − TCU ). The individual resident should pay the tax and fee according to the results of annual declaration before August 1 (para. 179.7 of TCU).
The State Fiscal Service of Ukraine in its letter “On updating of the State Classifier of Goods and Services” of 26.01.17, № 229/4/99-99-15-03-01-13 presented the draft of a new form of the tax invoice, which provided for a special column to indicate code of the services according to the State Classifier of Goods and Services (hereinafter − SCGS) .
Representatives of fiscal agency paid attention to the absence in the SCGS of codes for certain services, which to be supplied by the VAT-payers when the economic activities. As a result, the tax authorities initiate SCGS updates − they sent an appropriate appeal to the Ministry of Finance.
It should be recalled that the VAT payers temporarily should not indicate the codes of service according to SCGS in the tax invoice until its update.
The State Fiscal Service of Ukraine updated the State register of cash registers (hereinafter − the State Register of CR) . This information is available on the official website of the SFS of Ukraine. The updated State Register of CR, in particular, includes the model of a cash register КСТ-В1 with version of the internal software В1-1 (position 71 of the State Register of CR). Consequently, economic entities that carry out activities of buying and selling of foreign currency will be able to use this specialized model in their activities.
The State Fiscal Service of Ukraine in its letter “On the payment of advance payment on the company income tax in the amount of 2/9 of the tax” of 08.02.17, № 2438/6/99-99-15-02-02-15 informed: if the income tax payers, which had to pay an advance payment one-time, independently discovered the fact of understatement of the amount of advance payment accrued in the tax declaration of the income tax for the first three quarters of 2016 and submit adjusted declaration, they should pay the penal sanction provided for by sec. “a” of para. 50.1 of TCU, − 3% of the understatement. Because, the one-time advance payment is an agreed amount of money liabilities.
It should be recalled that payers of the company income tax, which quarterly reported on the company income tax in 2016, before 31.12.16 had to pay the advance payment of this tax in the amount of 2/9 of income tax accrued in the tax statements for the three quarters of 2016.
The Ministry of Finance of Ukraine in its letter “On peculiarities of application of primary documents” of 16.02.17, № 31-11410-06-5/4339 provided explanations on this issue. Thus, due to recent changes in sphere of the primary documents, the properly issued invoice can be the basis for reflection in accounting of the accounting of business transaction for the supply of goods, works (services) without making the act of acceptance. However, only in case if it is paid and confirmed by relevant documents.
Documents confirming the payment are: payment order, paycheck, cashier's check, payment receipt, an extract from the card account, a receipt for income cash order etc.
The invoice can be prepared in hard or soft copies. It should have details that make it possible to identify the business transaction and its participants, in particular: company name, on behalf of which the invoice to be made; the name of the counterparty; the content and scope of business transaction, unit of measurement of business transaction; personal signature or other data enabling to identify the person who participated in preparation of the invoice.
The National Bank of Ukraine by its Resolution “On Amendments to the Resolution of the National Bank of Ukraine dated December 13, 2016 № 410” of 22.02.17, № 13 continued to mitigate currency restrictions. In particular, the regulator released the revenues in foreign currency from non-residents from mandatory sale, if such funds received as cash collateral (initial margin, collateral, advance payment, deposit, guarantee) of participation in auctions, tenders or bidding held by residents.
In addition, the National Bank provided an opportunity to the banks to buy foreign currency for the customers, not including the total amount of available currency balance on resident’s accounts, which was received as allowance from non-resident for participation in bidding, tenders or auctions.
Resolution also allowed banks to buy foreign currency for customers, if the amount of the balance on the customer’s account does not exceed USD 100 thousand. Earlier, the customer for the purchase of foreign currency should have the balance in the account less than USD 25 thousand (equivalent).
The Resolution came into force on 23.02.17.
The State Statistics Service of Ukraine by its order “On making amendments to the forms of the state statistical observation № 1-ПВ (quarterly) “Report on work” approved by the State Statistics Service dated June 10, 2016, № 90” of 15.02.17, № 39 updated the form of statistical observation № 1-ПВ (quarterly) “Report on work”. Amendments apply only to sec. IV of this form and provide a new ranking of employees in order of size of salary.
The updated form will be applied starting form the report for the first quarter of 2017.
The Ministry of Social Policy of Ukraine in its letter “On the inclusion of indexation into the payments taken into account of salary when providing its minimum size” of 13.02.17, № 317/0/101-17/282 states that indexation should be included into the salary payments, which are taken into account for comparison with the level of minimum living wage (but not accruing the indexation over the minimum wage). Representatives of the Office explain it by the fact that in sec. 2 of Art.31 of the Law of Ukraine “On payment for labour” of 24.03.95, № 108/95-ВР it is presented comprehensive list of revenues that are not taken into account when calculating wages for providing its minimum level. Since the indexation is not mentioned there, it should be taken into account.
