National Bank introduces exemption for taxpayers

[ad_1]

Regulator introduces new exemption for taxpayers

The National Bank will support quarantine trade. Photo: esgivesback.com

The National Bank of Ukraine has deferred the requirements for use by the business of the Program Registrar of Settlement Transactions (RRO), including the implementation of foreign exchange transactions until August 1, 2020. Earlier, these requirements were to come into force on 19 April according to the NBU website.

The relevant resolution of the National Bank on the establishment of procedures and conditions for the operation of foreign currency transactions comes into force on 16 April. Thus, the regulator brought the regulatory framework in accordance with the law of Ukraine number 533-IX, which amends the tax code and other laws of Ukraine to support taxpayers for the quarantine period, the NBU Press Service reports.

Paypal magazine help

Earlier we wrote that the Ukrainian government made changes to the state program “Affordable Loans 5-7-9%” for small and medium-sized businesses in relation to the spread of COVID-19 in the country. It was announced by Prime Minister Dennis Shimgal in his Telegram channel.

Now, companies with annual income of up to 100 million can get financial support. The maximum loan amount has been increased to $ 3 million. In addition, there are expanded targets for which loans can be granted under the program, including: activities related to the production of medicines, medical devices and medical devices; Covering fixed costs that are independent of production volume (salaries, rents and utilities, taxes and other expenses necessary to preserve entrepreneurship).

Read:
Credit Holidays for Individuals: Ukrainian Banks Offer
The fight against Coronavirus: what Ukraine is doing to support trade
Patrion, crowdfunding, business angels: top 10 sources of financing for small businesses


[ad_2]
Source link

Leave a Reply