How to return an excessively paid military fee ?

Timely payment of taxes by businesses is a guarantee of the stable functioning of the economy. But there are cases that, due to certain factors, taxes are paid in a larger amount than required. That's when business entities wonder how to return excessively paid mandatory payments. One such payment is the military fee.

How is the return of paid military duty regulated?

By the Tax Code of Ukraine, namely item 43.3.

How to return an excessively paid military fee?

• Submit a written application to the tax authority. The content of the application is arbitrary, but the main thing is to indicate the direction of the refund, the period for which it must be returned, and the bank details to which these funds must be returned.
• If available, attach a copy of the military tax transfer receipt.
• The application can be submitted in person, by mail, or electronically through the taxpayer's electronic account.

Return period

Clause 43.5. of the Tax Code of Ukraine indicates that the controlling body must consider the application and prepare a conclusion on the refund of funds. Such a conclusion must be prepared no later than 5 days before the end of the twenty-day period for submitting an application.

Who makes the return?

The body that carries out the treasury service of budget funds is authorized to return the excessively paid military duty within 5 days from the day of receiving the opinion on the return from the controlling body.

Is it possible to credit the excessively paid military tax for the next period?

The tax legislation of Ukraine does not prohibit this. That is, the payer who overpaid the military levy has the right to its return by crediting these funds to the account or indicating in the statement that the overpaid funds can be credited to the next reporting period.

In connection with what, the military levy is excessively paid?

The main reason for overpaid military duty is that the company's financial department or the accountant himself has incorrectly calculated the amount of military duty to be paid. It can also occur due to duplication of payments in the bank or other reasons.

How to avoid excessively paid military duty?

First, it is necessary to have a qualified accountant on staff or to use the services of proven specialists.

Secondly, conduct a financial and tax audit of the enterprise in a timely manner.

Thirdly, in any unclear situations, use the services of proven financial specialists.

So, if a situation has arisen with the return of excessively paid military duty and you do not know how to get out of it, do not hesitate, but seek help from specialized companies. This will help to return overpaid funds and avoid misunderstandings in the future.