Exporter VAT Refunds in Ukraine Halted Since Sept 5 – MHP Rep
4 Articles
4 Articles
Exporter VAT refunds in Ukraine halted since Sept 5 – MHP rep
A reduction in the amount of budget reimbursement of value-added tax (VAT) to exporters halted on September 5 is creating a shortage of working capital for Ukrainian companies amid the full-scale war and logistical problems, Pavlo Moroz, director of the Corporate Social Responsibility Department at PrJSC MHP, said.
Ukrainian businesses stopped reimbursing VAT from the budget: there is no money in it
Ukrainian businesses stopped reimbursing VAT from the budget: there is no money in itThe head of the Tax Committee of the Verkhovna Rada acknowledged the problems with VAT refunds to businesses from the budget. These payments have not been made for at...
🚨 The government has decided to suspend VAT refunds to exporters, and serious consequences await us. 😢 Without changing the situation, this could lead to an increase in unemployment in key industries, where about two million Ukrainians work. Time to act before it's too late! 💪
Author Vadim Denisenko. Translated into human language, this means if the situation does not change, with a lag of 4-6 months we have every chance that direct and hidden unemployment will increase dramatically
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