Please note that, in order to obtain or confirm the status of a single tax payer in the fourth group in accordance with the requirements of sub-clause 298.8.1 of clause 298.8 of Article 298 of the Tax Code of Ukraine (hereinafter – the Code), agricultural producers must submit, no later than 20 February of the current year:
– a general tax return for a fourth-group single tax payer;
– a reporting tax return for a fourth-group single tax payer;
-information on the ownership of land plots, which forms an integral part of the tax return;
-a calculation of the share of agricultural production.
Please note that Order No. 1935 of the Ministry of Agrarian Policy and Food of Ukraine dated 9 November 2023 ‘On Amendments to the Calculation of the Share of Agricultural Commodity Production’, registered with the Ministry of Justice of Ukraine on 23 November 2023 under No. 2024/41080 (hereinafter – Order No. 1935), amendments have been made to the Calculation of the share of an agricultural producer, the submission of which is mandatory when acquiring or confirming the status of a single tax payer of the fourth group.
Order No. 1935 comes into force on the date of its official publication – 5 January 2024.
In accordance with the general rule set out in the Code, the current forms of declarations (calculations) remain in force until new forms are established.
At the same time, taking into account the requirements of paragraph 46.6 of Article 46 of the Code, the Calculation of the share of an agricultural producer (hereinafter – the Calculation) is an informative declaration containing economic information about taxable entities that does not relate to the calculation of taxes; therefore the new form of such a Calculation, in force pursuant to Order No. 1935, is valid in 2024.
The State Tax Service recommends that single tax payers in the fourth group submit the Calculation of the Agricultural Producer’s Share using the new reporting form by 20 February 2024, and that payers who have already submitted the Calculation provide a new reporting Calculation.
We remind you that the fourth group may be chosen by agricultural producers whose share of agricultural production for the previous tax (reporting) year is equal to or exceeds 75 per cent.
At the same time, changes to the Calculation of the agricultural producer’s share under the new reporting form allow the taxpayer to adjust the total amount of the agricultural producer’s income against loan provisions, which, in turn, will affect the size of the agricultural production share and the taxpayer’s ability to remain on the simplified taxation system.
Source: State Tax Service of Ukraine