The Ministry of Finance of Ukraine by its Order “On Approval of the Amendment to Certain Legislative Acts of the Ministry of Finance of Ukraine on Accounting” of 31.05.2019 No. 226 amended the following:
- an order of the Ministry of Finance “On Approval of the Accounting Standard 25 “Financial Report of a Small Business Entity” of 25.02.2000, No. 39. Now this standard to be called “National Accounting Standard 25 “Simplified Financial Statements”;
- an order of the Ministry of Finance “On Approval of the Simplified Plan of Accounts” of 19.04.2001, No. 186. The Simplified Plan of Accounts can be applied by legal entities recognized by micro-enterprises, small enterprises, social businesses, enterprises that conduct a simplified accounting of incomes and expenses, and also representative offices of foreign business entities.
There are also amendments to some legal acts of the Ministry of Finance on accounting, in particular:
- to the Guidelines on the application of the Plan of Accounts of assets, capital, liabilities and business transactions of enterprises and organizations, approved by the order of the Ministry of Finance of Ukraine dated November 30, 1999, No. 291. Now the accounts of class 9 “Expenses of activity” are all enterprises with the opening by its own decision of class 8 “Element Costs”. Earlier, the exception concerned small business entities, as well as other organizations which activities were not aimed at conducting commercial activities;
- it is determined that the National Accounting Standard 25 “Simplified Financial Statements” can be used for the preparation of financial statements of micro enterprises, small enterprises, social businesses, representations of foreign economic entities and enterprises that conduct simplified accounting of income and expenses in accordance with tax legislation (except for companies that, according to law, make financial statements according to international financial reporting standards).
In addition, the financial statements of a small business add separate lines for intangible assets. And the form No. 1 after the line is supplemented with new positions:
- intangible assets – 1000;
- initial cost – 1001;
- accumulated depreciation – 1002.
The State Fiscal Service of Ukraine in the category 116.13.03 “ZIR” answered the question “In what cases the excise tax invoice is in duplicate, and what is the procedure and timing of the registration of the second copy of the excise tax note?”.
Consequently, a person who sells fuel or ethyl alcohol is required to make an excise tax invoice in two copies in the case of the sale of fuel or ethyl alcohol:
a) from the excise warehouse to another excise warehouse, including through a pipeline or using the excise warehouse of a mobile one, if before such sale of fuel or ethyl alcohol, such other excise warehouse is already known;
b) from the excise warehouse to the excise warehouse of a mobile one;
c) from the excise warehouse of a mobile to another excise warehouse of a mobile one;
d) from the excise warehouse of a mobile one to the excise warehouse.
The person who drawn up the excise duplicate in duplicate is obliged to register the first copy of such excise invoice in the Unified Register of Excise Invoices (hereinafter – UREI), and the second copy of such an invoice on the day it to be drawn up should be sent to the excise warehouse manager – the recipient of the fuel or ethyl alcohol.
The excise warehouse manager/manager of the excise warehouse of a mobile one – the recipient of the fuel or ethyl alcohol is required to register a second copy of such excise invoice in UREI after the first copy of such invoice and the receipt of fuel or alcohol of ethyl for the excise warehouse/excise warehouse of a mobile one.
Registration of the second copy of the excise document in UREI should be made after the actual receipt of the fuel or ethyl alcohol for the excise warehouse/excise warehouse of mobile, but not later than three calendar days following the day of receipt of the fuel or ethyl alcohol for the excise warehouse/excise warehouse of mobile by the manager of the excise warehouse/ excise warehouse of mobile - the recipient of fuel or ethyl alcohol.
The State Fiscal Service of Ukraine in its Individual Tax Advice “On the inclusion in the tax credit of the VAT amounts indicated in several tax invoices when making a prepayment of one amount on separate accounts for payment under various specifications” of 12.07.2019, No. 3241/6/99-99-15-03-02-15/ІПК considered this situation. The seller carries out delivery of goods instalment. For each goods instalment he/she provided invoices for payment (for each separate specification). The buyer made an advance payment in one amount, however, for this transaction the seller made separate tax invoices (hereinafter – TI) for each issued account for a separate the goods instalment. Does the buyer have the right to form a tax credit for these TI?
The supplier, on the date of receipt of the prepayment in one amount, has taxable obligation for the supply of goods/services and the obligation to draw up and register TI in the Unified Register of Tax Invoices (hereinafter – URTI).
The seller made two or more TIs for a prepayment of goods/services in one amount. This does not correspond to the norms of the Tax Code of Ukraine. Under these conditions it is impossible to identify these transactions.
Consequently, the buyer is not entitled to form a tax credit for the amount of value added tax (hereinafter – VAT) specified in the tax invoice, which is drawn up on each drawn account for a separate goods instalment if the buyer makes a prepayment of the goods in one amount.
The Social Insurance Fund of Ukraine responded to the question “Should the Journal of Registration of Disability Leaves be kept?”.
Thus, according to para. 1 of Art. 31 of the Law of Ukraine “On Mandatory State Social Insurance” of 23.09.1999, No. 1105 (hereinafter – Law No. 1105), the basis for the appointment of a temporary disability leave benefit is a temporary disability leave issued in the prescribed manner.
Obligatory insurance of such forms of registration, such as the Journal of the registration of disability leaves, nor normative legal acts on compulsory state social insurance is not provided.
However, according to the List of standard documents created during the activity of state bodies and bodies of local self-government, other institutions, enterprises and organizations, indicating the terms of storage of documents, approved by the order of the Ministry of Justice of Ukraine dated April 12, 2012 No. 578/5, which includes typical documents that are created when documenting the same type of (common to all) management functions performed by public authorities and local authorities, other institutions, enterprises and organizations regardless of the target functional purpose, level and scope of activity, ownership and documentation generated as a result of industrial, scientific and technical activities of organizations, including Art. 739 of this List provides for such a type of document as the Journal of the Registration of Disability Leaves and the term of its storage for three years.
This magazine keeping for insured persons with a large number of employees can be expedient as it is able to minimize conflict situations regarding the timetable for providing the insured person with a disability leaves to the company (fixing the date of the insured person’s disability leave), the deadline for the transfer of the disability leave to the social insurance commission of the enterprise and accrual of material support by the enterprise’s accounting, loss of a disability leave of the company, etc.
The State Fiscal Service of Ukraine on Labor reported that the employer must inform the employee of the amount of remuneration when each salary payment.
In particular, Art. 110 of the Labor Code (hereinafter – Labor Code) establishes that when each salary payment, the owner or the body authorized by him/her should inform the employee of the amount of remuneration, the following data, which are part of the period for which the wage is paid:
- total salary with decoding by type of payment;
- the size and basis of deductions and withholding from wages;
- the amount of salary payable.
This article obliges the owner to inform the employee about the amount of wages. The form of this message is not specified. Requirements of Art. 110 of the Labor Code are not violated if the cashier during the payment of wages will offer to sign up for the wage received by the employee in the statement containing the data on the amount of the calculated wages, the grounds and amount of deductions for each reason and payable amount payable. A worker who signs his/her salary with own signature should be able to read the relevant data. Such information can also be provided in writing to the employee at the same time as the wage payment. It is clear that the latter way is the most convenient for the employee.
The owner should inform the employee of wages at each payroll. According to Art. 115 of the Labor Code, advance is also a salary. But the size of the advance is determined roughly, not on the basis of documents on the work done. And in case of an advance payment, it is not possible to inform the employee of any other information, except for the amount of advance payment.
The owner is obliged to inform each salary payment about all the amounts for which the amount related to the employee’s payment is reduced in relation to the salary charged and the reasons for such reduction; about the amount that is payable and actually paid to the employee.
