Support for filing a declaration for individual entrepreneurs group 3

Filing a declaration for an individual entrepreneur of group 3 by accountants of the Law Firm “Prikhodko and Partners” is a holistic process of ensuring tax discipline and minimizing risks. The difficulties of determining the amount of income received for the reporting period, the amount of tax deductions, and subsequently the correct filling in of the declaration items for an individual entrepreneur on a single tax are the main reasons why it is worth choosing professional accounting support.

Form and deadlines for filing a declaration for an individual entrepreneur of group 3

Individual entrepreneurs on the simplified taxation system are required to submit a declaration to the State Tax Service in the current form and on time within 40 calendar days after the end of the quarter (in accordance with paragraph 296.3 of the Tax Code). Its current form was approved by Order of the Ministry of Finance No. 578, and the identifier of the electronic form is F0103309.

To avoid possible penalties for late submission, it is extremely important to clearly monitor all deadlines. An accountant for individual entrepreneurs at the Prikhodko & Partners Law Firm helps to track all reporting deadlines and submit documents on time.

Procedure for filling out and submitting a declaration for an individual entrepreneur of group 3

Quarterly

An individual entrepreneur of group 3 submits such a declaration without attachments. The only exceptions are the preparation of liquidation reporting, the transition to the general taxation system. The entire document consists of eight sections, which concern:

• general indicators of entrepreneurial activity (number of employees, types of activities, etc.);
• tax obligations under the single tax (deducted at the rate of 5% of the amount of income);
• deductions in connection with the correction of self-identified errors (the amount of increase or decrease in the tax amount, as well as penalties and fines are indicated);
• tax obligations for military service.

Annually

In addition to the main document, the annual declaration must include Appendix 1 (amounts of accrued income of insured persons) and Appendix 2 (calculation of the total minimum tax liability). The latter is submitted only if the individual entrepreneur is the owner or user of agricultural land that meets the established criteria.

Finally, such a declaration must be submitted by:

• sending it by mail to the State Tax Service by registered letter with return receipt;
• filling out an electronic form in the Electronic Tax Office.

What is the responsibility for untimely submission of a declaration by an individual entrepreneur of group 3?

For individual entrepreneurs of group 3, the tax legislation of Ukraine clearly defines liability for violation of the deadlines (intentionally or negligently) for filing a declaration. In particular, a fine of 340 hryvnias is provided for the first violation and 1020 hryvnias for each subsequent violation. It is also allowed to charge a penalty for failure to pay the full amount of income tax (from 5 to 50%, depending on the qualification of the actions by the tax authority).

However, liability is not limited to these sanctions. Tax authorities may also apply other measures of influence, depending on the scale of violations. In particular, it is allowed:

• first, bringing the director or chief accountant to administrative responsibility (under the current Code of Administrative Offenses);
• second, blocking the bank accounts of individual entrepreneurs due to systematic violations (until the situation is corrected by the enterprise);
• third, in cases of intentional tax evasion – criminal liability.

Support for filing a declaration for an individual of group 3 from an accountant of the Law Firm “Prikhodko and Partners”

The law firm “Prikhodko and Partners” offers comprehensive accounting support, which significantly simplifies the tax reporting process for individual of group 3 and minimizes tax risks. Our services cover all stages from data collection to direct reporting. In general, they can be divided as follows:

• data analysis. Our specialists carry out a full check of information, documents, provide consultations on tax accounting issues, display of various types of transactions);
• collection of primary documents. Accountants systematize bank statements, RRO/PRRO data, invoices, contracts and other documents confirming income receipt, check the correctness of their registration;
• direct filling and formation of a declaration for individual of group 3. After the preparatory stages, the accountant prepares the main form of the declaration, correctly enters data, determines tax obligations, prepares the necessary Annexes;
• correction of self-identified errors (if necessary). At this stage, our experienced specialists reflect any adjustments in the proper order;
• filing a declaration for an individual entrepreneur of group 3. Finally, as a result, tax reporting is formed, sent to tax authorities, monitoring possible requests from the State Tax Service and responding. At the same time, cooperation does not end there. If desired, the client can order accounting outsourcing for his enterprise on an ongoing basis.

Turning to the accountants of the Law Firm “Prikhodko and Partners” is an investment in the peace and confidence of your business, which allows individual entrepreneurs of group 3 to work effectively without worrying about tax obligations. To find out the price of support for filing a declaration for individual entrepreneurs of group 3, fill out the form below.