The State Tax Service (STS) is introducing a new instrument to assist businesses in preventing the blocking of tax invoices.
As reported by the agency’s press service, this involves roadmaps designed to help VAT payers correctly complete and submit data tables without errors.
«Sometimes, even one minor mistake is enough to halt the process. A single inaccuracy, and a tax invoice is stopped. Thanks to a set of measures, we have already significantly reduced the percentage of blocked tax invoices. Currently, it stands at 0.1-0.15%. We are taking the next step to ease the burden on businesses, ensuring that technical errors do not impede the operations of compliant taxpayers,» stated the acting head of the State Tax Service of Ukraine, Lesia Karnaukh.
STS specialists have developed roadmaps for working with taxpayer data tables for value-added tax. These are clear, practical recommendations to aid in the accurate completion of data tables and the avoidance of errors.
A taxpayer’s data table is a consolidated summary of economic activity codes (KVED), product codes (UKTZED), and service codes (DKPP) that the taxpayer regularly supplies, produces, and sells within Ukraine.
The target groups for whom submitting a data table is most relevant include:
- manufacturing and processing sectors;
- construction;
- service and work provision sphere;
- agricultural producers.
The roadmaps are available on the STS web portal here and here.
Additionally, the STS has identified factors that may lead to the rejection of a data table:
- The table must be submitted with an explanation detailing the type of activity, referencing tax and other reporting.
- The document must be submitted electronically via electronic communication channels.
- If multiple types of activities are conducted, separate taxpayer VAT data tables can be submitted for each activity.
- A table will not be re-submitted for codes already included in an accepted taxpayer data table.
- To clarify the nature of economic operations, copies of documents confirming the specifics of the activity may also be provided.
For a positive commission decision, the taxpayer must clearly explain the essence of their business operations, the STS emphasized.