Anual personal income tax return

Personal Income Tax return – this is an official document, in which the individual indicates the income received in the reporting period and the taxes withheld from it, as well as income, from investment activities, foreign and other income from which the tax is not withheld on payment. Personal Tax declaration separately specifies the information on real estata (movable) and other property you own or lease. The preparation of tax return should be entrusted to professionals with the necessary knowledge and experience, which are employees of PETTERSON & BENNETT. We will help to prepare your income tax return for 2021 on a professional level.

Peculiarities of preparation of annual Personal Income Tax return (declaration) in 2022 year

The main provision for the preparation and submission of a declaration on the income of individuals.

Who have to submits the report? Income Tax return should be prepared and submitted if:

• received income not from tax agents (for example, on received or for renting own property);

• income received from tax agents, but taxes were not withheld (for example, forgiven credit);

• investment income is received (income from Domestic Government Loan Bonds (OVDPs);

• foreign income is received.

The return is submitted to Tax Authority where individual is registered by himself, by trusted person or in electronic format.

What are the deadlines for filing income declaration in the 2022 year?

• for citizens who are obliged to submit a declaration and individuals who carry out professional independent activity – till May, 01, 2022;

• for those who have the right for a tax rebate or received foreign income, it is possible to extend filing deadlines by the end of the year-31.12.2022 year. At the same time, before May 01 it is necessary to notify the fiscal authorities about such extension and its reasons.

Personal Income tax return for 2021 should be filed by 01 May 2022 

Who does not submit a declaration of income?

Citizen/individual may not file a report if in 2021 income received:

• exclusively from tax agents (the employer reports to the employees of the organization), excluding those who has investment income from domestic government loan boands;

• from operations on sale (exchange) of property, gift, at notaries certification of contracts on which the tax was paid;

• in the form of objects of inheritance, taxable at the zero rate and/or from which taxes are paid in accordance with clause 174.3 of the tax code of Ukraine.

What is the cost of the service of drafting and filing a personal income tax return (declaration)?

Due to the open pricing policy, we can pre assure that the cost of compiling a declaration of income with the company PETTERSON & BENNETT will range from 400 to 500 euro, without VAT (since we are not VAT payers), regardless of whether you foreigners or citizen of Ukraine . Also, in case of absence of electronic digital signature, it will be necessary to notarize the power of attorney on our employee, and if you are not a citizen of Ukraine-a notarized translation of the proxy is necessary. Fee of these services does not depend on us and is charged additionally.

Preparation of Annual Income Tax Return for 2021 in Ukraine with PETTERSON & BENNETT

Accounting company PETTERSON & BENNETT will prepare your tax declaration on the property status and income of individual for the 2021 on professional level. We have our extensive database of loyal customers. They are both citizens of Ukraine and citizens of other countries, who are tax residents of Ukraine.

PETTERSON & BENNETT has a number of advantages:

• extensive experience of the company in providing this service;

• highly qualified specialists in the required field;

• communication in business English;

• fixed and opening prices for our services;

• guarantee of safety of confidential information about the client.

If you have any questions regarding the income tax return, please contact us right now on the phone numbers listed on the website.