- If the volume of goods/services supplied and the amount of VAT payer’s tax liabilities and tax credit have not changed after the preparation of the correction calculation before the reporting period, there is no need to fill in the corresponding lines of the VAT declaration and appendix 1.
- According to the tax code, any changes in the compensation amount for goods/services after supply, including price adjustments, require corresponding adjustments to tax liabilities and tax credits based on correction calculations to tax invoices registered in the Unified Register of Tax Invoices.
- The VAT declaration must include the required attachments specified in the Order No. 21, including information on adjustments to tax liabilities.
- Information on adjustments to tax liabilities must be provided in Appendix 1 only in case of an increase in compensation amount based on correction calculations not registered in the Unified Register of Tax Invoices.
- Adjustments to tax credits for export operations are reflected in the VAT declaration in line 14, with the submission of Appendix 1 detailing adjustments per counterparty.
- Correction of tax credit in case of return of goods/services or prepayment without registration of correction calculation in the Unified Register of Tax Invoices is reflected in line 15 of the VAT declaration, with the submission of Appendix 1.
- Correction of tax credit for services received from non-residents on the customs territory of Ukraine is also required to be reflected in the VAT declaration.
Source: news.dtkt.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
