Olga Bogdanova, a practicing certified auditor, a partner of the Crowe Horwath AC Ukraine audit firm, noticed that among the frequent mistakes occurred in making tax consignment notes – the absence of grounds of membership to a special regime, and the incorrect recording of periods.

This topic was discussed during the Financial Section of AgriFinance while V Agri Invest Forum. The event organizer is the Ukrainian Agrarian Council, with the support of the USAID Ahrosil'rozvytok project.

"Regarding these mistakes, note that when you register a tax credit belatedly, they take it into a tax credit in the month in which it is registered. Another frequent error is the reduction of tax liabilities upon return. We can not reduce them until the adjustment is registered by the buyer. Such differences in periods give significant sums for accrual ", - explained the expert.

In addition, Olga Bogdanova detailed the possible consequences of tax audits, the peculiarities of work with the electronic cabinet, the conditions for obtaining and the procedure for calculating budget subsidies.

"Actually, what do you need to get a grant? This year there are certain criteria for receiving the agricultural subsidies:

• The recipient must be a VAT payer
• Specific weight of delivered agricultural products should not be less than 75%
• The enterprise must engage in activities specified in Art. 1-b. 1 of the Law 1277
• The enterprise should be included in the register of recipients of grants”, - noted Olga Bogdanova.

"With regard to the procedure of reconciliation, it is better to answer the tax within the set time (10 days from the date of receipt). Of course, the volumes of documents can be significant. In this case, it is better to do the analytical work, make a summary, and in the answer, specify that you are ready to submit all the necessary documents on request. A refusal could be the basis for verifying your activity,” she added.