The rating on the complexity of accounting Ukraine consistently occupies second place. Ahead of us only in Belarus, where tax bills are strict reporting forms. A number of taxes in our state are not effective, for example, the same municipal tax and tax on advertising - in total they account for a pittance, and accountability - the sea. This year, these taxes are abolished and accounts advertising companies have already put no tax on advertising. By the way, from payment of VAT is also exempt many transactions - for example, by providing advisory and information services. Only here the "liberated" from this is not easier, as VAT payers will not buy anything from them. Nor shall anything be purchased and the payers of income tax from employers, "edinschikov", because the cost of acquiring the latter the goods and services can not be attributed to gross. It is worth noting that section III of the Tax Code relating to income tax shall enter into force until April 1. But be prepared to innovate should now, as the rules of accounting are changing radically. Everyone on vacation? Let's start with the rules relating to tax holiday for income tax payers, which will operate from 1 April 2011 to January 1, 2016. Procedure and conditions for the use of businesses that benefit was established by NC 154.6. Eligible for tax holidays will be those with total income of not more than 3 million hryvnia in the year, and salaries of employees not less than 2 minimum wages. Also, in addition to the above mandatory requirements, the enterprise must be created after January 1, 2011 or exist prior to that date, provided that during the last three periods (or all prior periods, if from their inception less than three years) annual revenue declared in an amount not exceeding three million hryvnia, and the average statistical number of hired persons shall not exceed twelve. Those who were registered with a single tax payer in accordance with legislation in the period prior to enactment of the Tax Code, and who for the last calendar year the total revenue from the sale of goods (works, services) amounted to 1 million hryvnia and sredneuchetnoe number of employees amounted to 50 man, in the case of the transition to a common system of taxation will also be able to count on vacation. Of course, that the Tax Code provides a list of economic activities on which this privilege does not apply. Among them, particularly those that operate in the field of entertainment, manufacturing, wholesale, import / export of excisable goods, financial activities, the activities of currency exchange, the provision of postal services and communications, security activity, foreign trade, wholesale trade and mediation in wholesale trade activities in the field of law, accounting, engineering, providing services to entrepreneurs. Also do not forget about the nuance provided by Section 52.11 of Article. 152 NC, which indicated that the money saved on taxes on profits, should be directed to re-logistics, repayment of loans used for these purposes and the payment of interest on them and / or replenishment of circulating assets. If the amount of funds that are not listed in the budget using a zero tax rate is not used for its intended purpose, the balance of unused funds transferred to the budget in the first quarter of next reporting period. This means that the targeted use of such funds will be set strictest control. Temporarily (for 10 years, starting from January 1, 2011) is exempt from taxation on income derived from operating activities of enterprises of light industry. Privilege, of course, does not apply to companies that produce products at lohn, regardless of their income and number of employees. Debit from credit have converged in an unequal fight with the entry of Section III of the Tax Code in force, namely, 1 April 2011, will apply new imaging techniques of incomes and expenditures for the calculation of income tax. Disappear term "gross income", "total costs" and "rule of the first event." According to Secs. 139.1.3 NC, in company expenses will not count the amount of advance payments made for goods, services, and, accordingly, these amounts will not count the income of the counterparty. In connection with the adoption of the Tax Code of Ukraine has exhausted itself the notion of fixed assets and depreciation in tax accounting. Accounting for fixed assets will be conducted not only by groups, but also for each object in the group. Subparagraphs 146.1 NC fixed assets are classified into 16 groups, non-current assets - to 6 groups. Transfer should be implemented at the entry section III of the Tax Code in force. That is from 1 April 2011 will need to take inventory - according to the accounting residual value will be the original for each object, and the difference between the tax group and the accounting book value will generate a temporary tax differences. It will be amortized in the tax accounting as a separate entity within three years using straight-line method. For newly created, acquired assets from 1 April 2011 the initial cost will be equal to the value objects depreciation. Now the cost criterion for determining the object to the fixed assets will exceed 2500 hryvnia and to decrease gradually due to the moral and physical deterioration during the expected useful life, although in 2011, will operate the old criterion of more than 1000 hryvnia. Management should be independently determine the useful life of the facility, but at least the minimum life of the facility. Depreciation is not allocated in a separate part of the cost and under the new rules will form part of the cost of goods sold, produced works, the services provided. It should be noted objects subject to amortization in accordance with Art. 144 of the Tax Code: 1) the cost of acquiring fixed assets, intangible assets and long-term biological assets for use in economic activities, 2) the costs of repairs, renovations, upgrades and other improvements, plant and equipment in excess of 10% of the aggregate book value of all major groups funds, subject to depreciation at the beginning of the year, and 3) the cost of capital improvements of land that is not associated with construction - namely, irrigation, drainage and other such capital improvement of land, 4) capital investment received by a taxpayer from the budget in the form of earmarked funding the acquisition of the investee, provided the recognition of revenue in proportion to the amount of accumulated depreciation of such an object pp. 137.2.1 Section 137.2 Art. 137 of the Tax Code, and 5) the amount of revaluation of fixed assets held under Art. 146 of the Tax Code, 6) the cost of donated objects received power, gas and heat supply, water supply, sewerage networks based on customer demand specialized operating companies in accordance with the technical conditions for connection to these networks or facilities. Depreciation is calculated on a straight-line method, methods for reducing the residual value, the accelerated reduction of the residual value; cumulative; production. Depreciation method for tax purposes is determined now in the order of accounting policies, and a new method used begins with the month following the month the decision to change the method of depreciation. The amount of depreciation can not be transferred to the budget and can not be the basis for calculating taxes and fees.
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