DEFERRING THE APPLICATION OF REGISTRATORS OF SETTLEMENT OPERATIONS

 RSO (registrars of settlement operations). How much discussion was caused by the approach of 2021, from the beginning of which the total fiscalization of the activities of individual entrepreneurs was to begin, as well as the introduction of other tools (including cashback). We have already discussed the issue of fiscalization in previous articles. At the same time, it is worth paying attention to the bill № 4439-d of 01.12.2020, which was adopted in the first reading and in general (319 people's deputies of Ukraine voted in favor).

 This bill became the last agreed (compromise) version, which was adopted as a result of numerous discussions and proposals of the public and individual entrepreneurs. It should be noted that previous versions of similar bills were not voted in the Verkhovna Rada of Ukraine.

 So let's analyze the main provisions of the adopted bill, which are important for business. Such provisions can be determined by analyzing the text of the bill and its comparative table by reference

1. The draft law changes the maximum amount of income of business entities to stay on the simplified taxation system. If earlier the limit was determined by a specific amount of annual income (1 million hryvnias for 1 group; 5 million hryvnias for 2 groups; 7 million hryvnias for 3 groups), then from 01.01.2021 the amount of income will be determined depending on the minimum wage, which is set Law of Ukraine "On State Budget" for a specific year. Thus, the new volumes are 167 minimum wages for 1 group; 834 salaries for 2 groups; 1167 salary sizes for 3 groups.

2. Postponement of the mandatory use of RSO or software RSO until January 1, 2022 by natural persons-entrepreneurs whose income does not exceed 220 times the minimum wage.

3. Cashback provisions are excluded.

4. Provisions are introduced to prohibit the use of software RSO for fuel trade.

5. The provision discussed by many entrepreneurs is introduced, which provides for the right not to use RSO or software RSO when making payments for services in the case of such payments using remote banking systems or money transfer services.

6. Until January 1, 2022, the term of application of reduced rates of liability has been extended: 10% of the value of goods or services sold in violation (if committed for the first time) and 50% for each subsequent violation.

 The bill is currently being prepared for signature. In case of signing it by the President of Ukraine, the norms will become the Law and will come into force in part of the provisions on RSO from 01.01.2021.

 If you have any questions or you need legal or accounting support - contact the law firm "Prikhodko and Partners", we will be happy to help you!