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New accounts for payment of single social contribution

Following the reorganization of the State Fiscal Service of Ukraine, new accounts, opened in the name of local offices of the State Fiscal Service of Ukraine, will become effective on May 02, 2019 for payment of single social contribution and financial sanctions.

A fine of 20% of owed amount and a penalty of 0.1% of unpaid amount for each day of delay are imposed in case of non-payment or late payment of single social contribution. Payment of single social contribution to old accounts is considered non-payment with corresponding penalties.

The new details for payment of single social contribution and the procedure for taxpayers to fill out the field Purpose of Payment can be found at http://sfs.gov.ua/dovidniki--reestri--perelik/reestri/214641.html. Accounts are selected depending on the column Account Symbol.  According to Order No. 130 of the State Treasury Service of Ukraine dated August 16, 2013, Account Number "201" is for payment of single social contribution for employees and people working under civil law contracts.

When paying single social contribution to compulsory state social insurance, the field Purpose of Payment in the relevant payment document is to be completed as follows:

* ; 101 ; State Register of Enterprises and Organizations of Ukraine Code ; Payment of single contribution ; ; ;
1 2 3 4 5 6 7
  1. Service code ("*"); 
  2. Payment type code ("101" for payment of single social contribution); 
  3. State Register of Enterprises and Organizations of Ukraine Code of the taxpayer making payment; 
  4. Explanatory information about assignment to payment to be prepared; 
  5. Not to be completed; 
  6. Not to be completed; 
  7. Not to be completed.

Decree No. 104 issued by the Ministry of Finance on March 11, 2019 has updated the list of codes for types of tax payments in the appendix to procedure No. 666 for filling out transfer documents in case of payment (collection) of taxes, levies, customs duties, single contribution, VAT refund, refund of erroneously overpaid amounts approved by Ministry of Finance Decree dated July 24, 2015 (further “Procedure No. 666”). Some codes have been removed or singled out, and new ones have been added. The main code for payment of taxes and single social contribution has not changed and remains “101” as previously.

Orders for payment of taxes are to be completed as prescribed by Procedure No. 666. Item 7 of Procedure No. 666 sets out that documents are still enforceable even if they are improperly completed and, in such case, taxpayers are deemed to have paid their monetary obligation for code "101".

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