- Phased Implementation and Mandates: Ukraine is implementing the Standard Audit File for Tax (SAF-T UA) in phases, starting as an optional measure in 2023, with mandatory annual reporting for large taxpayers by January 1, 2025, and extending to all taxpayers by 2027.
- SAF-T UA 2.0 Simplification: The latest version, SAF-T UA 2.0, was introduced in November 2024 to simplify the XML structure by reducing mandatory fields and aligning with national accounting standards, facilitating easier adoption and consistent data reporting.
- Global Standard Compliance: SAF-T, based on the OECD-standard XML schema, requires detailed transactional-level reporting and has been widely adopted in Europe to enhance tax reporting transparency and efficiency, prompting Ukrainian businesses to ensure their accounting and ERP systems are compatible for seamless compliance.
Source RTCsuite
Click on the logo to visit the website
See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Ukraine"
- New Bill Proposes Customs and VAT Exemptions for Imported Generators During Martial Law in Ukraine
- Parliament Extends VAT and Customs Exemptions for Energy and Defense Equipment Imports Until 2029
- Reporting VAT-Free Purchases in Line 10.4 of the VAT Declaration in Ukraine
- Medical Insurance for Employees at Company Expense: Are There VAT Tax Liabilities?
- VAT Registration Cancellation: Key Points, Grounds, Application Process, and Consequences for Taxpayers
