Main points
- Penalties for late payment of taxes in Ukraine are 5% of the debt amount for a delay of up to 30 days and 10% for a delay of more than 30 days.
- The penalty is calculated daily according to the formula: debt amount × NBU discount rate ÷ 365 × number of days overdue.
What are the penalties for non-payment of taxes / Depositphotos
In Ukraine, legislation strictly regulates the timely payment of taxes. Taxation rules and liability for their violation are defined in the Tax Code.
What are the penalties for late tax payment?
The law provides for various penalties for tax evasion, from financial sanctions to criminal liability. And it all depends on how serious the violation is, the State Tax Service writes.
Most often, taxpayers face financial sanctions for late payment of taxes.
According to Article 124 of the Tax Code of Ukraine, fines amount to:
- if the delay is up to 30 calendar days – 5% of the amount of tax debt;
- if the payment delay is more than 30 days – 10% of the debt amount.
Moreover, according to Article 109 of the Tax Code of Ukraine, in order to apply this fine, it is not necessary to prove the payer's guilt . That is, liability arises automatically for the very fact of delay.
If the tax office proves that the non-payment was intentional, higher fines apply:
- 25% of the amount of unpaid tax – for the first violation.
- 50% of the amount of unpaid tax – for a repeated violation within 3 years.
What is the penalty for non-payment of taxes?
In addition to fines, a penalty is charged on the amount of the debt. It is calculated for each day of delay, writes All about taxes in Ukraine.
The penalty is calculated for each day of delay, including the repayment day, using the 100% annual discount rate of the National Bank of Ukraine, effective on the relevant day,
– the material states.
Thus, the penalty is calculated according to the formula:
- penalty = amount of tax debt × NBU discount rate ÷ 365 days × number of days of delay.
As a result, even a small delay can be quite expensive. For example, if the debt is 10,000 hryvnias and the NBU discount rate is 15%, the penalty for 10 days of delay will be: 10,000 × 15% ÷ 365 × 10 = 41.10 hryvnias per day.
What is the administrative responsibility?
Separate liability is provided for officials of enterprises.
According to Article 163-2 of the Code of Ukraine on Administrative Offenses, for failure to submit or untimely submission of payment orders for tax payment:
- the fine is from 5 to 10 tax-free minimum incomes of citizens (85 – 170 hryvnias);
- in case of repeated violation within a year – from 10 to 15 NMDG (170 – 255 hryvnias).
Important! The most serious consequences are provided for in Art. 212 of the Criminal Code of Ukraine – for intentional tax evasion. The punishment depends on the amount of unpaid amounts. For especially important cases, even imprisonment is possible.
News about taxes in Ukraine:
-
On March 30, the government supported the decision to extend the military levy, and also approved changes to the taxation of international parcels and digital services.
-
In particular, it is planned to revise the rules for importing goods in parcels. Previously, shipments worth up to 150 euros were not subject to taxes, but now they propose to introduce VAT regardless of the price. This is explained by the need to level the playing field for Ukrainian producers.
-
The government also advocates for continuing military conscription even after martial law ends. This is called a forced step, as defense spending will remain high and the country needs resources for recovery.