On January, 27, the draft legislation as to the cancellation of the moratorium for auditing by the State Tax Service and financial fines for violation of the regulations of the Tax Code of Ukraine, special groups of single tax, and the possibility of non-paying single social security tax and single tax by the natural persons-entrepreneurs was approved on the regular meeting of the Cabinet of Ministers of Ukraine. These amendments shall come into force on July 1, 2023.

On January, 27, the Government supported the draft legislation about amendments to the Tax Code of Ukraine, the Law on the Single Social Security Tax, and the Law on the Program Cash Registers at the regular meeting. It is related to the cancellation of tax benefits in wartime and the moratorium for auditing by the State Tax Service since July 1, 2023.  Taras Melnychuk іnformed about that in his Telegram.

So, now the draft legislation has to be registered at the website of the Verkhovna Rada of Ukraine (we will also inform you about that) and considered by the Committees of the Verkhovna Rada of Ukraine. And only afterward its destiny will be decided by the deputies. However, it is better to prepare for the changes in advance.

We informed already about the publication of this text of the draft legislation by the Ministry of Finances earlier. This document proposed to establish that certain regulations shall be valid until termination or cancellation of the war-time situation and state of emergency within the territory of Ukraine but in any case not later than on July 1, 2023, in particular:

• possibility for the natural persons – entrepreneurs and legal entities to be III group single tax payers with application of a single tax rate equal to 2% from the amount of income;
• possibility for the natural persons – entrepreneurs, I and II group single tax payers not to pay a single tax;
• stop of documentary auditing;
• stop of running of terms (terms of submission of tax invoice, terms of auditing, terms of tax information receipt by the controlling authorities, terms of carrying out procedure of administrative appealing, etc.) established by tax and other laws, the control over compliance with which was imposed on the controlling authorities;
• non-application of punitive sanctions for violation of tax law;
• non-application of punitive sanctions for violation of correctness of charge, calculation, and payment of Unified Contribution for Compulsory State Social Insurance;
• non-application of punitive sanctions for violation of the procedure of cash register and program cash register use.