{"id":1463954,"date":"2026-11-11T14:55:44","date_gmt":"2026-11-11T12:55:44","guid":{"rendered":"https:\/\/prm.ua\/individual-entrepreneurs-will-be-able-to-choose-their-own-vat-reporting-period-the-rada-adopted-the-law\/"},"modified":"2026-11-11T14:55:44","modified_gmt":"2026-11-11T12:55:44","slug":"individual-entrepreneurs-will-be-able-to-choose-their-own-vat-reporting-period-the-rada-adopted-the-law","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/individual-entrepreneurs-will-be-able-to-choose-their-own-vat-reporting-period-the-rada-adopted-the-law\/","title":{"rendered":"Individual entrepreneurs will be able to choose their own VAT reporting period: the Rada adopted the law"},"content":{"rendered":"

The Verkhovna Rada has passed a law that changes the rules for administering VAT for entrepreneurs and businesses. In particular, individual entrepreneurs – payers of this tax – will be able to choose the reporting period themselves, and some tax documents will be generated automatically in the electronic office.<\/strong><\/p>\n

This was reported<\/a> by the press service of the Verkhovna Rada.<\/p>\n

273 people’s deputies voted for bill No. 16037-d.<\/p>\n

The changes will primarily concern work with tax reporting and invoices. Individual entrepreneurs registered as VAT payers will be able to submit declarations monthly or quarterly, depending on which period is more convenient for their activities.<\/p>\n

Also, the taxpayer’s electronic account will introduce automatic pre-filling of declarations and tax invoices. This will use data already available in the information systems of the State Tax Service.<\/p>\n

Separately, the conditions for conducting unscheduled documentary inspections will be changed. The threshold for budget reimbursement or negative VAT, the declaration of which may become the basis for such an inspection, will be increased from 100 thousand hryvnias to 1 million hryvnias.<\/p>\n

In addition, VAT payers will be able to issue consolidated tax invoices until the last day of the month for transactions with buyers who are not VAT payers. This rule will also apply to cases where the buyer pays in advance.<\/p>\n

The law also provides for simplification of the transfer of negative VAT value during the reorganization of enterprises. If the payer undergoes re-registration on time, a documentary check for such a transfer is not required.<\/p>\n

Another part of the changes concerns the voluntary payment of tax liabilities accrued based on the results of documentary audits during martial law.<\/p>\n

The adoption of the law is part of the fulfillment of Ukraine’s obligations to the European Union and the International Monetary Fund within the framework of macro-financial assistance agreements.<\/p>\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , X<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Verkhovna Rada has passed a law that changes the rules for administering VAT for entrepreneurs and businesses. In particular, individual entrepreneurs – payers of this tax – will be able to choose the reporting period themselves, and some tax documents will be generated automatically in the electronic office. This was reported by the press […]<\/p>\n","protected":false},"author":59,"featured_media":1261567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76878,76892],"class_list":["post-1463954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-society","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1463954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1463954"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1463954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1261567"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1463954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1463954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}