On September 20, the Verkhovna Rada considered in the second reading and approved bills “On amendments to the Law of Ukraine ‘On application of payment transactions recorders in trade area, service industry and public catering’ regarding un-shadowing of settlements in the trade and service sectors.”
The document proposes to use both classical and digital PRTs, to avoid monopoly or state restrictions concerning development of digital PTRs, to register PTR software in electronic account (personal account.)
The act about the cashback comes into force on October 1, 2020. It stipulates that a consumer who purchases at a price over UAH 100 and receives an official receipt has the opportunity to check it for authenticity, and if it turns out that the settlement document is not electronically submitted to the controlling bodies, to write a complaint on the basis of which the verification can be assigned. If the verification confirms that the seller has violated the procedure of settlement transactions, he will be fined and the buyer will be returned 100% of the value of the purchased goods.
At the same time, the full amount of the fine for non-application of PTR or non-issue of official receipts (100% of the amount for the first violation and 150% for each following one), which are previously applied in a limited amount, is introduced and launch the application of the general rules for the use of PTR for all taxpayers of single tax groups II-IV.
The general rules for the use of PRT for all taxpayers of single tax groups II-IV start to apply from January 1, 2021, simultaneously with the increase of marginal income of taxpayers of group II tax from UAH 1.5 to 2.5 million.
The requirements of the law will not apply to ordinary individuals (not business entities) and Group I single taxpayers.