Tax reliefs cannot be transferred to succeeding accounting periods
The Main Directorate of the National Fiscal Service of Ukraine reminds that the tax allowance for 2013 can be given from January 1 up to December 31, 2014, inclusive. In so doing, the right to tax relief cannot be transferred to the next accounting periods.
Therefore, pursuant to par.166.1, article 166 of the Tax Code of Ukraine, a taxpayer can exercise the right to tax allowance up to December 31.
It is important that a taxpayer should fill out and submit the tax and income declarations, annex 6 in order to apply for the tax relief.
The copies of the documents to be attached to the declaration are as follows: passports, TIN, an agreement for services, settlement documents that prove losses incurred, an employment certificate that states the average annual salary.
A list of expenses that can be included to ask for the tax relief is given in par.166.3, article 166 of the Tax Code of Ukraine.
