Saturday, June 1, 2013

Unified Tax in Table Format


Photo from з http://www.delfi.ua
The simplified tax system which at its outset numbered the two groups of the unified tax payers only showed the considerable rise and currently numbers as many as six groups of the unified tax payers (Chapter 1 of Part XIV of the Tax Code of Ukraine). 

What follows is the brief characteristic of today’s six groups of unified tax payers.

Number of group
Requirements to taxpayers
Rate of tax
Individual entrepreneur/
legal entity
Permitted number of employees
Yearly revenue (gross receipts)  up to, UAH
Allowed business activities
1
Individual entrepreneur
0
150,000
Personal services
Selling goods at retail markets



Fixed monthly charge in the range from 1 to 10 per cent of the minimum statutory salary. The precise rate is to be determined by local authorities.   

2
Individual entrepreneur
Up to 10
1,000,000
Provision of services, including personal services, either to (i) other payers of unified tax or to the general public (B2C rather than B2B)

Manufacturing and/or selling goods

Restaurant business
Fixed monthly charge in the range from 2 to 20 per cent of the minimum statutory salary. The precise rate is to be determined by local authorities. 

3
Individual entrepreneur
Up to 20
3,000,000
No special limitation
3 % charge levied on gross receipts (if VAT is additionally payable)

5 % charge levied on gross receipts (if VAT is not additionally payable)
4
Legal entity
Up to 50
5,000,000
No special limitation
5
Individual entrepreneur
No limitation
20,000,000
No special limitation
5 % charge levied on gross receipts (if VAT is additionally payable)

7 % charge levied on gross receipts (if VAT is not additionally payable)