Analytics
Monthly or quarterly? Parliament changes the rules for reporting on unified social tax again
The Verkhovna Rada continues to discuss the next changes to the tax reporting rules. Two alternative draft laws are in focus: No. 13108 and No. 13108-1, which provide for the abolition of the current monthly reporting on the unified social contribution.
Serhii Zayanchukovsky, attorney at law, counsel at LESHCHENKO & PARTNERS, in his author’s article for ZN.UA analyzes the proposed reporting models and their impact on business, government institutions and the social security system.
What the draft laws propose:
- Draft Law No. 13108: return to quarterly reporting with a breakdown by months. A simple solution supported by a wide range of MPs, with a focus on reducing the administrative burden on business.
- Draft Law No. 13108-1: differentiated approach – depending on the number of employees, availability of social benefits, and other factors. However, the draft is criticized for the complexity of implementation and violations of rulemaking techniques.
“In a situation where small and medium-sized businesses are under considerable pressure due to the war, legislative initiatives should not only be declaratively favourable, but also technically feasible, simple and unambiguous. The Parliament should choose a model that makes life less complicated for taxpayers”
Conclusion
Both drafts aim to reduce the burden on business, but draft law No. 13108 looks much more balanced, predictable and technically feasible. It also received a positive opinion from the Main Scientific and Expert Department of the Verkhovna Rada.
For more details, read the article by Serhii Zayanchukovsky at:
https://zn.ua/economic/shchomisjachna-chi-kvartalna-parlament-znovu-zminjue-pravyla-zvitnosti-za-jesv.html
