TAX DECLARATION FOR THE SINGLE TAX OF THE FOURTH GROUP: CURRENT ASPECTS OF COMPILATION AND SUBMISSION

Abstract

The article examines the current aspects of compiling and submitting tax declarations for the uniform tax of the fourth group for agricultural producers. Agriculture constitutes a significant part of Ukraine's economy, contributing approximately 10% to the nation's GDP. The majority of agricultural enterprises opt for a simplified taxation system due to its reduced tax burden, making it an attractive option. However, the constant changes in tax legislation create significant challenges for these enterprises in ensuring accurate and timely reporting. The paper analyzes the conditions for obtaining and confirming the status of a fourth-group uniform tax payer. Key conditions include ensuring that at least 75% of the enterprise’s total income comes from agricultural production, avoiding prohibited activities, and maintaining a tax-debt-free status as of January 1 of the reporting year. A central issue addressed is the adaptability required from agricultural enterprises in response to frequent legislative updates. These updates necessitate constant monitoring and adjustment of reporting procedures to comply with new regulations and avoid penalties. The article also addresses the specific complications introduced by the ongoing war in Ukraine. The legislative framework has adapted to these conditions, introducing provisions that exempt certain taxes for agricultural lands located in conflict zones. These provisions, outlined in recent amendments to the Tax Code of Ukraine, offer temporary relief but also require careful navigation by taxpayers to ensure compliance and maintain their tax status. The conclusion emphasizes the necessity to simplify the mechanism for submitting tax reports, particularly through centralized submission to a single controlling body. The article also proposes amendments to the title and content of Annexes. These recommendations aim to create a more straightforward and efficient reporting process, allowing agricultural enterprises to focus more on their core business activities. By reducing the complexity and administrative load associated with tax compliance, these measures can contribute to the overall resilience and sustainability of the agricultural sector in Ukraine, especially in the face of ongoing economic and geopolitical challenges.