The Ukrainian Ministry of Finance has introduced a Standard Audit File for Tax (SAF-T) reporting regime called SAF-T UA, following the OECD format. Large taxpayers will be required to provide transactional level data reports upon request, with two days’ notice given prior to the submission deadline.
The SAF-T UA schema will cover general ledger accounting entries, sales ledger, cash receipts, fixed asset register, intangible asset movements, and tax reconciliation.
The implementation will be rolled out in phases from 2023 to 2027, with on-demand reporting for large taxpayers starting on January 1, 2023, and mandatory periodic submissions for all taxpayers beginning on January 1, 2027.
Effective date: 1 January 2023 – 1 January 2027