In April, entrepreneurs must fulfill a number of tax obligations, including paying contributions and preparing reports for the first quarter. Some payments have clear deadlines already by April 20. This is reported by tax expert Mykhailo Smokovych.
For individual entrepreneurs in different groups, there are separate requirements for tax payments and filing declarations.
For sole proprietors in the third group, the following steps are proposed:
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payment of single contribution for the first quarter — 5707.02 UAH by April 20
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submission of declaration for the first quarter (5%) — by May 11
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payment of single tax 5% — by May 20
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payment of military tax 1% — by May 20.
For sole proprietors in the first and second groups, the list of payments is different:
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Single contribution for the first quarter — 5707.02 UAH by April 20
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military tax for April — 864.70 UAH by April 20
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single tax for the second group — 1729.40 UAH by April 20
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single tax for the first group — 332.80 UAH by April 20.
Sole proprietors in April: what taxes need to be paid
For entrepreneurs registered in combat zones, the payment of single tax and military tax remains voluntary. At the same time, the single contribution must be paid on time.
Separately, it is necessary to consider the obligations for those who have hired employees or make payments to individuals.
Reporting for sole proprietors: which declarations to submit in April
Such entrepreneurs must submit a combined tax calculation for the first quarter by May 11. Meanwhile, the quarterly reporting form has not yet been approved.
Experts recommend not submitting monthly reports and waiting for the official approval of the new form. After that, it will be possible to correctly prepare and submit the reporting.
April is traditionally one of the key months for sole proprietors in terms of tax obligations, as it is during this period that contributions for the first quarter are paid and preparation for the submission of declarations takes place.
We remind you that in Ukraine, the program of financial support for small businesses has been expanded. Individual entrepreneurs (sole proprietors) of groups 2 and 3 can receive a grant for energy sustainability in the amount of 7500 to 15000 hryvnias.