LifestyleOther

Zelensky wants to return the moratorium on business checks


The President noted that in this way he plans to “protect the business from any pressure of unscrupulous people in different positions.”

He believes that Ukraine can be much stronger in economic terms. That is why the state dialogue with entrepreneurs, business support programs and attracting investments is needed, Zelensky said.

Context

In March 2022, the Verkhovna Rada of Ukraine adopted a law that was called the “tax reform of wartime”. The purpose of the law was to support business in the conditions of war – in particular, he canceled business checks and fines for the failure to use the registrars of settlement operations, set zero excise tax and seven percent VAT on fuel.

Also, thanks to this law, a company with a turnover of up to 10 billion UAH got the opportunity to switch to a simplified taxation system (they were attributed to taxpayers of the third group) and instead of 20% of VAT to pay 2% of income, like individual entrepreneurs. For the first and second groups of single tax payers, they introduced the opportunity not to pay a single tax, as well as a single social contribution, for mobilized employees.

On June 30, the BP adopted in the second reading and in general the bill No. 8401, which made amendments to the current Tax Code and returned verification for several categories of business.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button