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Publication date: 20.05.2024
Lawyer, graduated from the National University "Odesa Law Academy" with honors. Since 2017, I have been specializing in legal and educational and general legal issues. I am the author of legal articles, scientific publications and articles in the educational environment. Mentor of the "Veritas" legal clinic. The owner of the legal blog "Educational_law_ua" on Instagram.
The simplified system of taxation for individual entrepreneurs is an important mechanism for stimulating small and medium-sized businesses in Ukraine. It allows entrepreneurs to simplify the process of accounting and paying taxes, reducing the administrative burden and costs. In this article, we will consider the legal norms governing the simplified taxation system and the features of its application. We will also consider the importance of consultation with a lawyer and a lawyer, analysis of documents, legal analysis of the situation, written consultation and verification of documents by a lawyer.
Legal norms of the simplified taxation system
The simplified system of taxation for FOP is regulated by the Tax Code of Ukraine (PKU). According to the PKU, FPOs can choose one of the three groups of the simplified taxation system depending on the amount of income and the number of employees:
The first group:
Annual income does not exceed UAH 300,000.
Employees are not used.
Activities: retail trade in markets, provision of household services to the population.
The second group:
Annual income does not exceed UAH 1,500,000.
The number of employees is no more than 10.
Activities: provision of services, production of goods, sale of goods.
The third group:
Annual income does not exceed UAH 5,000,000.
The number of employees is not limited.
Activity: any, not prohibited by PKU.
Single tax rates
The rates of the single tax depend on the group to which the FOP belongs:
The first group: a fixed rate determined by local councils, but not more than 10% of the subsistence minimum.The second group: a fixed rate determined by local councils, but no more than 20% of the minimum wage.
The third group: 5% of income or 3% of income (if the FOP is a VAT payer).
The importance of consulting a lawyer and lawyer
Consultation of a lawyer or lawyer is a key element for sole proprietorships that wish to switch to a simplified taxation system or are already working on it. Consultation helps to avoid mistakes in tax accounting and minimize the risks of possible fines.
Consultation of a lawyer
A lawyer can provide legal assistance in case of disputes with tax authorities, as well as represent the interests of an entrepreneur in court. In addition, the lawyer will help in the legal analysis of the situation, which will allow finding optimal solutions for the business.
Consultation of a lawyer
A lawyer can conduct a detailed analysis of an entrepreneur's documents, help in the correct preparation of accounting reports and provide recommendations on optimizing tax expenses. Checking documents by a lawyer reduces the risk of mistakes and tax violations.
Analysis of documents and legal analysis of the situation
Analysis of documents is an important stage in the transition to a simplified taxation system and during its application. A lawyer or attorney can conduct a detailed analysis of documents, in particular:
Verification of compliance of documents with the requirements of tax legislation.
Analysis of accounting statements.
Assessment of tax risks.
Legal analysis of the situation allows you to identify possible problems and find ways to solve them. This includes:
Analysis of the legal situation regarding the activities of the FOP.Determination of compliance of the entrepreneur's activity with the requirements of the simplified system.
Providing recommendations on optimizing activities and minimizing tax risks.
Written consultation
A written consultation is important for the FOP, as it allows you to record the recommendations given and use them in further activities.
Verification of documents by a lawyer
Verification of documents by a lawyer is critically important for a sole proprietorship on a simplified taxation system. A lawyer can check:
Agreements with counterparties.
Accounting documentation.
Tax reporting.
Other documents relevant for tax accounting.
This approach allows you to avoid tax violations and ensure compliance of the activity of the FOP with the requirements of the law.
Conclusion
The simplified taxation system for sole proprietorships is an effective tool for supporting small and medium-sized businesses in Ukraine. It provides an opportunity to reduce the tax burden and simplify accounting of income and expenses. However, for the successful application of the simplified taxation system, it is necessary to take into account all legal norms and peculiarities of its functioning. Consultation of a lawyer or lawyer, analysis of documents, legal analysis of the situation, written consultation and verification of documents by a lawyer are important elements to ensure the legality and effectiveness of the FOP.
