Agrarians have changed the procedure for calculating the amount of subsidies

Submitted by bashun on Thu, 01/04/2018 - 17:26

The adopted amendments to the Tax Code provide for a change in the principle of calculating the amount of subsidies for agricultural producers for the period up to 2022.

According to the amendments to the Tax Code of Ukraine published in the newspaper Golos Ukrainy, in 2018 the calculation of the amount of subsidies to get out of the volume of tax obligations for VAT on the supply of goods, and not from the positive difference between the amount of tax liabilities and the amount of the tax credit for VAT, as it was in 2017 year.

At the same time, the state budget for 2018 does not provide funds for the subsidy program, instead of it will operate an animal husbandry support program for 4 billion UAH.
 

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