In Ukraine, they approved a new form of tax calculation with personal income tax (income tax) and ERUs (unified social contribution), which unites the submission of these taxes in one report and provides for its monthly submission. Reporting for the IV quarter of 2024 is submitted in the old form, and for January 2025 - by new. This was reported by the Ministry of Finance of Ukraine. This important innovation applies to all tax agents, in particular, legal entities and individual entrepreneurs (FLP) who pay income to individuals. According to the new rules, since the beginning of 2025, the tax calculation should be submitted monthly. Reporting documents will be submitted within 20 calendar days after the end of the reporting month. This means that tax agents will have to prepare and submit their personal income tax reports and ERUs until the 20th day of each month. The innovation involves a regular presentation of reporting, which will allow more prompt control over the payment of taxes and contributions, will contribute to the rapid detection of violations and will allow timely receipt of funds to the state budget. It will also reduce the likelihood of delays and inconsistencies in the tax reporting.

Given significant changes, in 2025 a transition period will be established. Reporting for the IV quarter of 2024, submitted by taxpayers, should be submitted until February 10, 2025 in the old form. This allows taxpayers to adapt to new requirements and prepare for a change in the reporting format.

From February 20, 2025, reports for January 2025 should be submitted in a new form, according to updated requirements. This means that for reporting on income paid in January, all taxpayers will have to use a new form of tax calculation. The introduction of a new form of joint reporting on personal income tax and ERUs with a monthly submission is part of the reform of the tax system aimed at ensuring more effective control of revenues to the state budget. Regular reporting will allow state bodies to respond faster to violations and timely adjust the situation with finances.

For taxpayers, this step also means simplifying the reporting process. Thanks to a new form that combines the reporting of personal income tax and ERUs, entrepreneurs and legal entities will be able to submit a unified report that reduces the administrative burden and helps to save time.

Given that the introduction of a new form of tax calculation will become mandatory since 2025, taxpayers are recommended to familiarize themselves with the new requirements and prepare their accounting systems for the monthly reporting. This will avoid unnecessary difficulties and fines for untimely filing or errors in the reports.