Tax Reform 2027: IMF Demands VAT for Sole Proprietors and New Single Tax Rates
🚨 SHOCK FOR SOLE PROPRIETORS: IMF Demands Tax Reform in Ukraine!
📉 In August 2026, the Ministry of Finance is preparing changes that will change the rules of the game for small business:
🔹 Single Tax: rates for services may rise to 10%.
🔹 VAT for Sole Proprietors: mandatory registration with turnover over 4 million UAH.
🔹 Deadlines: the law will be adopted in 2027, coming into force on January 1, 2028.
💡 Pros: quarterly reporting instead of monthly.
🇺🇦 Goal: fulfilling obligations to the EU and IMF (90 billion euro loan).
#Ukraine #Taxes #SoleProprietors #IMF #Economy
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