Attention! Taxpayers of Groups I and II!

6 November 2013 09:34  94650118 050879

Tax Code of Ukraine stipulates that the single tax payers of the I and the II groups shall pay a single tax by making advance payment not later than the 20th day of the month. If a taxpayer has not made advance payments in the manner and time set by law, then in accordance with paragraph 1 of Article 122 of the Tax Code, the penalty of 50 percent of the selected single tax rate and interest that is accrued on the amount of tax debt shall be imposed on him or her.

Experts of Uzhgorod STI emphasize that non-payment of even a small proportion of the down payment is punishable by the fine in full amount - 50% of the single tax rate.

Therefore, entities that are subject to a simplified tax system and chose the group I or II of the single tax, are advised to ensure the timeliness and completeness of advance payment of contributions to the budget.


By Uzhgorod STI

Post comment

Users posting offensive comments as to other participants of discussion will be banned by moderator without prior warning or explanation. The information related to these users may be provided to law enforcement authorities upon relevant request.Links and advertising messages are prohibited in the comments!

No comments