Systems of taxation in Ukraine

1. SYSTEMS OF TAXATION
Have executed:
Natalia Yakovenko
Helen Anokhina
Svitlana Shapoval
Vlad Kozlov

2. System of taxation – is a set of taxes paid to the
budget and state funds in the laws of Ukraine the
order and the rights, duties and responsibilities of
taxpayers.

3. Ukraine's tax system provides the
following forms of taxation:
- general system of taxation;
- simplified system of taxation.

4. Legal entities and individual entrepreneurs on a
common system of taxation have the right to
engage in any activity not prohibited by law,
have an unlimited amount of income and the
number of employed workers.
General system of taxation

5. Distribution of taxation for
legal entities and individuals

6. To an object of taxation:
Individuals
 Net income =
Taxable income -
expenses
(documented).
Legal entities
 Profit sourced from
Ukraine and abroad, as
determined by reducing
the amount of income
for the reporting period
cost of sold goods

7. Income tax rate
Individuals
 1) 15% if income is less than
or equal to 10 minimum
wages
 2) 17% if the total monthly
taxable income exceeds 10
times the minimum wage
Legal entities
 from 1 January 2013 to 31
December 2013 inclusive - 19%
 from 1 January 2014 - 16%.
 from 1 January 2015 - 18%

8. Value-added tax
Individuals
 When reaching a volume of
taxable transactions 300
thousand. USD. 12 months
entrepreneur is obliged to
register for VAT.
 The rate of VAT 12/31/2013 -
20% from 01.01.2014 - 17%.
 01/01/2015 - 17%
Legal entities
 The amount of taxable
transactions in the last 12
months exceeds 300
thousand USD. Compulsory
registration.
 VAT rate to 12/31/2013 - 20%
 from 01.01.2014 - 17%.
 01/01/2015 - 17%

9. Single social contribution
Individuals
 Single Contribution paid
by the entrepreneur in
the amount of 34.7% of
the profit base.
Legal entities
 Enterprise paid Single
Contribution at the rate
of 36.76% - 49.7% of
payroll in charges wages
 Payment carried out to
the Pension Fund to the
Special Account.

10. Other tax payments and fees:
Individuals
 The entrepreneur may
be the payer of other
taxes and fees,
depending on the type
of ongoing activities.
Legal entities
 The company can also
be the payer of taxes
and fees.

11. National
Legal entities
1) excise tax;
2) environmental tax;
3) rental fee;
4) dues

12. Local
Legal entities
1) property tax;
2) the fee for parking vehicles;
3) tourist tax.

13. Simplified system of taxation

14. Entities applying the simplified system
of taxation, accounting and reporting,
are divided into the following groups of
payers of single tax (Art. 291.4 CLE)

15. Taxpayers
groups
Criteria for
taxpayers of
single tax
Features of
activities
Basic tax rate Additional tax rate
Individual
entrepreneurs
1 - working without
employees;
- annual income
cannot exceed
300 000 UAH.
- engaged exclusively retail
trade of goods from market
places/ or conduct business
activities to provide domestic
services;
- till 10% of min
wage per
calendar month;
- Max. exposure
to 12.01.2015 -
121.80 UAH
Article 293.4 of the Tax
Code Ukraine
from15% :
1) the amount exceeding
the limit of income that
gives the right to use
the simplified system;
2) income derived from
the implementation of
activities not specified
in the certificate payer
of single tax attributed
to 1 or 2 groups;
3) income received in the
application of the
method of settlement
other than cash;
4) income derived from
the implementation of
activities that do not
give the right to apply
the simplified tax
system.
2
- number of
employees - less
than 10 persons;
- annual income
can’t exceed
1500 000 UAH.
- doing business with the
provision of services
(including domestic) and
taxpayers of single tax/or
population, production/or
sale of goods, activity in the
restaurant industry;
- till 20% of the
minimum wage
per calendar
month;
Max. exposure to
12/01/2015 -
243.60 UAH
Legal entities
+
Individual
entrepreneurs
3
- number of
employees -
unlimited;
- the amount of
income can’t
exceed 20 million
UAH
- carry out any activities
other than those prohibited
for payers of single tax.
- 2% of income
for VAT payers;
- 4% of income
for defaulters of
VAT;

16. 4 group payers of single tax includes farmers, whose share of
agricultural commodity production in the previous tax (reporting)
year equals or exceeds 75%
Single tax levied on land, property rights and the use to which executed and recorded in accordance
with the law/
Single tax rate for 4 group:
- for arable land, hayfields, pastures - 0.45%
(mountain areas and forest areas - up to 0.27%);
- perennial crops - 0.27% and mountain areas
and areas of Polesie - 0.09%;
- for land Water Fund - 1.35%
Calculating the sum of the single tax for 4 group is set current normative monetary valuation of land
taking into account the coefficients of indexation.

17. Problem
A. decided to register a limited liability
company, the main activities which will
provide various kinds of consulting
services.
Determine, payer of which taxes and
fees may be indicated after registration.

18. According to the general
system of taxation :
- if customers of services consist
of entities-VAT taxpayers, you
need to register as a VAT payer
company (17%);
- the company also pays income
tax of 18% of the income;
- SC payment to the pension fund
for compulsory social. insurance
of compensation of employees
(36.76% - 49.7%)
- NEED TO REGISTER A SINGLE
TAX PAYER 3RD GROUP (ART.
291.4 CLE)
- SINGLE TAX AT THE RATE OF
2%, BUT STILL NEED TO
REGISTER AS A VAT PAYER OR
SINGLE TAX AT THE RATE OF
4%, EXCLUDING VAT (ART. 293.3
CLE)
According to the simplified
system of taxation :
Solution

19. Conclusion
Analysis of the systems of taxation Ukraine
allows to conclude important inherent
drawbacks. The main drawback is the fiscal
direction of the tax system, the lack of detection
of the regulatory function of the main taxes. You
also need to pay attention to the return of VAT
from small and large businesses. This mechanism
is complicated, resulting in an infinite number of
instances that need to go. This in turn causes the
growth effect "shadow economy".