Recently, a seminar on the topic: “Peculiarities of the declaration campaign – 2023” was held at the Horodotsk DPI. Taxpayers’ questions were answered by the head of Horodotsk DPI Roman Myskiv. During the communication, payers asked what incomes are subject to mandatory declaration, what rate is used for income taxation, and the deadlines for submitting the declaration and paying the accrued tax.
The callers were especially interested in the question of the tax discount.
The official said that there are cases when individuals can submit a declaration voluntarily in order to take advantage of the right to a tax deduction. Thus, citizens can get back a part of the paid personal income tax from the salary of the previous tax year.
The list of expenses allowed to be included in the tax discount is determined by the provisions of Article 166 of the Tax Code. In particular, if citizens paid during the year:
– for studying at educational institutions for oneself or family members of the first degree of consanguinity;
– interest on a mortgage housing loan;
– the amount of insurance contributions, premiums and pension contributions to a resident insurer, a non-state pension fund, a bank institution under long-term life insurance contracts, non-state pension provision, a pension contract with a non-state pension fund, as well as contributions to a bank deposit account, to pension deposits for oneself or family members;
– for the construction (purchase) of affordable housing;
– payment of the cost of state services related to the adoption of a child;
– conversion of the vehicle;
– assisted reproductive technologies.
Roman Myskiv emphasized that citizens can use the right to a tax discount throughout 2023.
Therefore, citizens who received income from which no taxes were paid in 2022 should plan to submit their income declaration in a timely manner, Roman Myskiv pointed out. In addition, it is advisable to submit the declaration in electronic form through the Electronic Cabinet, having previously obtained a qualified electronic signature. After all, this is how declarants take care of their own safety and the protection of their relatives.
Everyone present got answers to their questions.