- Zero VAT rate for businesses of disabled individuals abolished from January 1, 2025
- Along with zero VAT rate, the right to not adjust input tax credit disappeared for these businesses
- Previously, businesses founded by disabled individuals could choose between zero VAT rate or exemption from VAT for certain operations
- Both options had identical conditions but different consequences
- Zero VAT rate applied like other tax rates, but with zero tax obligations
- Exemption from VAT required adjusting input tax credit constantly
- Tax invoices had to be prepared for both options, with different tax codes
- Now, only exemption from VAT under certain conditions remains
- This option also requires adjusting input VAT
- Excise goods and gambling operations remain taxable as before
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.
