Online-magazine for Business

An entrepreneur can go on vacation at any time convenient for him. Whether this should be documented and whether he is exempted from paying taxes, we will consider in this consultation.

The NBU has canceled the mandatory sale of foreign currency earnings for business entities. Experts say this is the most liberal move of the NBU in recent years. The norm, which obliges entrepreneurs to sell 30% of their foreign exchange earnings on the interbank market, has ceased to operate since June 20.

When the price of a part of a single product changes, the RK should be made up to NR with such a nomenclature reset and the introduction

In accordance with the norms of the GCC, regulatory bodies have the right to conduct cameral, documentary (planned or unscheduled; on-site or off-site) and actual inspections. Only about the scheduled inspection of the entrepreneur must inform 10 calendar days before it starts.

When the price of a part of a single product changes, the RK should be made up to NR with such a nomenclature reset and the introduction

Entrepreneurs, as well as employees, have the right to rest. FLP-unity supporters are no exception. When going on vacation, they have questions: is it possible not to pay taxes for themselves during the holidays and not to report? We will try to answer them.

The work of the State Fiscal Service (SFS) will be reorganized - this is how the Cabinet decided. From this department will be created two state services: tax and customs. How will this relate to entrepreneurs?

All entrepreneurs single tax payers know that if the amount of income in a calendar year exceeds UAH 1 million, the exemption is lost in the work no of payment transactions (PPO). According to section 296.10 296 GCC to use a PPO are required starting from 1-th of the next quarter following the occurrence of such excess. And benefit a non-PPO is lost almost forever.