Annual recalculation of TIPI must be provided no later than the payroll calculation for December 2014.
Annual recalculation of TIPI provided with the requirements of paragraph. 167.1 of the Tax Code of Ukraine, according to which if the tax base in a calendar month exceed minimum wage established by law as of January 1 of the tax year (in 2014 - 12 180,00 UAH), the rate for such sum is 17%.
The main purpose of annual recalculation of TIPI is the detailing of paid size within a year of monthly income including sums directly charged for the relevant reporting months (vacation, sick leave, etc.). Refined monthly taxable income are calculated individually as objects of taxation. In case of avoidance of recalculation of income charged to the taxpayer tax agents can be held account, in accordance with 127 article of Tax Code of Ukraine. |