“The Ministry of Finance has updated the form of tax calculation of the amounts of personal income tax (PIT) and a single social contribution (ESA), as well as changed the procedure for their filling and submission.”, – WRITE: epravda.com.ua
The Ministry of Finance has updated the form of tax calculation of the amounts of personal income tax (PIT) and a single social contribution (ESA), as well as changed the procedure for their filling and submission. The Ministry of Finance reports. Since 2025, tax payments will be submitted on a monthly basis within 20 days after the end of the reporting month instead of quarterly reporting. It is noted that the reports for the fourth quarter of 2024 are submitted by February 10, 2025 in the old form, and for January 2025 – by February 20 by new. Advertising: a new form of the report will include the main calculation and four annexes: information about the ESA; income information; information on labor relations; Special experience data. The report emphasizes that the changes apply to all tax agents, including legal entities and individuals-entrepreneurs (FOPs) who pay income to individuals. The Ministry of Finance expects that the introduction of a new form of combined reporting with a monthly submission will help to more effective control over budget revenues and simplify the reporting process for taxpayers.