NEW RULES FOR USING REGISTRATORS OF SETTLEMENT OPERATIONS

 The issue of fiscalization has been on the agenda of the legislative body of Ukraine for many years. At the same time, there have been repeated attempts to oblige all entrepreneurs to use registrars of settlement transactions (also cash registers, RSO) when selling goods or providing services, regardless of the tax system (general or simplified) or the amount of annual taxable income.

 And so, the desire of legislators came true. On August 1, 2020, amendments to the so-called Law on RSO and to the Tax Code of Ukraine came into force, which puts into effect the first stage of RSO reform (there are three stages of reform in total). Mandatory use of RSO by almost all individual entrepreneurs is provided gradually from the second stage and the third stage.

 Now we will focus on an important novelty, which is that businesses can use software registrars of settlement operations as an alternative to the usual devices. That is, entrepreneurs can use the type of RRO at their discretion. We will tell about features of the first kind further.

 The first, most important issue for "simplified" is the cost of maintaining such a registrar of settlement transactions. Here you can provide positive news that the PSO from the State Tax Service will be completely free. At the same time, it will be operated through an innovative method: through a smartphone that everyone now has. To do this, you just need to download and install a program similar to the well-known messengers "Viber", "Telegram" and more. That is, it is enough to have only an Internet connection.

 Next, you need to register the RSO by sending an application to the tax service server and obtain electronic signatures of the cashiers or the seal of the entity to work with such RSO. The last step in setting up is to send a message to obtain information about the qualified key certificate to be used by the cash register.

 Everything, a few organizational actions and your business can work according to the "new rules" and without fear of penalties.

 In addition, it is planned to introduce paid software RSO. They will be different from free, advanced functionality, in particular, they will be able to provide tools for integration with other internal accounting or warehousing platforms of the business. However, this is not required.

 A few words about the next stages of reform, for which it is worth preparing and adjusting to business already. This is an expansion of the range of entities that are required to use registrars, including cafes and restaurants. This is an increase in penalties, which results in an increase in the number of inspections in the early stages, as well as "cashback". These aspects will be disclosed by us in future articles.

 In order to be in a constant trend of legislative changes and to avoid disputes with the Tax Service of Ukraine, choose a reliable legal and accounting support of the Law Firm "Prikhodko and Partners".