Main points
- Transfers to an individual entrepreneur's account are not considered income if they are properly documented as transfers of family funds.
- To avoid tax problems, the money must have a legal origin – with supporting documents.
What you should know about transferring your own funds to an individual entrepreneur's account / Collage 24 Channel
Entrepreneurs should not forget that for the taxman, a bank statement is primarily a list of potential income. Therefore, transfers to an individual entrepreneur's account from relatives – for example, a husband or wife – may raise questions during monitoring.
Is the transfer of own funds considered income?
And although only funds received directly from entrepreneurial activity are recognized as income, there are several important nuances. The details were explained on the Debet-Credit portal.
If the purpose of the payment indicates something like “transfer of personal funds to wife” or “family savings” , the proceeds should not be subject to the single tax.
After all, according to the law, marital property is joint. So when a husband transfers money to his wife's account as a sole proprietor, it is a transfer of family funds , not commercial income.
Please note! This rule only applies to officially registered marriages. If the couple lives in a civil marriage, the transfer from the partner may be recognized as income from a third party.
How to correctly transfer your own funds to an individual entrepreneur's account?
To ensure that transferring or depositing “your” money does not result in additional charges, follow these rules:
- first, the funds must have a legal source of origin from which mandatory taxes have already been paid (such as salary, dividends, sale of property, etc.);
- secondly, the availability of supporting documents (income certificates, data from registers, declarations and other papers).
In addition, entrepreneurs are advised not to forget about the bank's financial monitoring , which can work even before the tax service. If the amount is significant and there is no confirmation of the source of funds, the bank may stop the transaction or block the account.
How to correctly issue a payment order?
In the “Purpose of payment” field, it is worth leaving clear and unambiguous wording that indicates the nature of the receipt.
If it is a question of returning cash proceeds or funds previously withdrawn from the individual entrepreneur's account, it is appropriate to write “Revenue for (period)” , which should coincide with the reporting.
If the source is your salary or other personal income, it is better to avoid the word “proceeds.” For example, for a spouse, it is appropriate to say “transfer of personal funds to spouse. Excluding VAT.”
Instead, vague phrases like “working capital replenishment” or “financial assistance” without proper design can attract unnecessary attention.
What else should self-employed individuals know?
-
Recall that in 2026, the state extended the grant program to support businesses. Existing entrepreneurs can receive up to 1 million hryvnias for the purchase of equipment, purchase of raw materials, rent, marketing, etc.
-
By the way, due to problems with electricity, some individual entrepreneurs have started including payments “for a generator” or “for electricity” in their checks. However, for everything to be legal, a number of conditions must be met, including informing the consumer in advance.