?? New SAF-T UA Compliance for Ukrainian Taxpayers ????

The Ukrainian government is rolling out new requirements for large taxpayers to enhance tax compliance and streamline audit processes with Standard Audit Tax Files (SAF-T UA). Here’s what you need to know:

?? Key Dates:

• August 27, 2021: Large taxpayers must submit SAF-T UA upon request by the Ukrainian tax authority within two business days during audits.
• January 1, 2025: Compulsory SAF-T UA submission for all large taxpayers.
• January 1, 2027: All VAT payers will be required to submit SAF-T UA files.

?? Preparation and Requirements:

• The Ukrainian State Tax Service (STS) is updating electronic systems to support SAF-T UA submissions.
• Large taxpayers must be ready to respond promptly to audit requests.

??? SAF-T UA Submission Includes:

• Detailed information structured around accounting policies, business transactions, accounting and tax info, and source documents.
• Outlined in Order No. 561, covering basic taxpayer information, directories, accounting records, documentation, and tax differences.

?? Key Issues and Preparations:

• Ensure software readiness and functionality.
• Provide extensive information and support data.
• Maintain availability of source documents and submit administrative documents.
• Meet tight deadlines by creating archives of SAF-T UA data and regularly checking files for accuracy and completeness.

? Urgent Preparations:

• Large taxpayers and VAT payers must prepare thoroughly for these new requirements to ensure compliance and avoid penalties.

Stay ahead of the curve and get ready for the new SAF-T UA compliance! ???

For deeper insights and support in navigating the Global eInvoicing?universe , our expert team stands ready to assist, guiding each step with strategic, data-driven counsel.

Stay compliant and informed! ??

Taxera Technologies one Platform, Seamless Global Tax Compliance.