As the main office of the SFS in Kyiv reports, from January 1, 2018, the campaign of declaring incomes of citizens, received during 2017, has started which will last until May 1, 2018.
We would like to note that the citizens are obliged to submit an annual Declaration on Property and Income in case if they received in 2017:
- separate incomes, from which income tax on natural persons was not withheld in the calculation and payment during the year 2017;
- income from natural persons who do not have the status of tax agents (for example, income from the provision of real estate for rent to a natural person who is not a subject of business activity);
- foreign incomes;
- other incomes, which declaration is provided by the current legislation.
Such citizens are obliged to deposit the amount of such income in the total annual taxable income and submit before May 1, 2018 the annual tax declaration on the property status and income based on the results of 2017, as well as to calculate and pay a tax on such income at a rate of 18% to the budget until August 1 2018 and military duty at a rate of 1.5%.
We also remind that citizens willing to exercise their right to a tax discount based on the results of 2017 may file a tax return throughout 2018.
By choice of the taxpayer, the Declaration shall be filed at the place of his tax address personally or by an authorized person; by mail or electronic communications.
It is important to note that the Declaration is submitted according to a new form approved by the order of the Ministry of Finance of Ukraine of 06.06.2017 № 556, which came into force on 31.12.2017.
