The main tax headache in the past: a new feature introduced for individual entrepreneurs

Individual entrepreneurs can now submit their declarations through the 'Diia' mobile application. This procedure has become much simpler and more convenient, requiring just a few clicks and entering income for the second quarter, after which everything is calculated automatically.

Declarations are submitted by individual entrepreneurs of the third group with a 5% rate, who do not have VAT and hired employees. Through the 'Diia' application, they pay a single tax of 5% of their income, a military levy of 1% of their income, and a single social contribution of 22% of the minimum wage.

Minister Mykhailo Fedorov explained that now the military levy is calculated automatically, and if an entrepreneur is exempt from paying it, they simply indicate '0'. The deadline for submitting the declaration is August 11. Moreover, expect updates in rethinking the tax payment service in the 'Diia' application.

Ukrainian individual entrepreneurs now have the opportunity to conveniently and quickly submit their declarations through the 'Diia' mobile application, and in the future, they can expect even greater simplifications and updates in the tax payment process.