Transactional level data, initially on-demand but mandatory for all by 2027
The Ukrainian Ministry of Finance has adopted an on-demand Standard Audit File for Tax (SAF-T) regime from 27 August 2021 for large taxpayers. However, this was delayed until 1 January 2023 due to COVID-19 disruptions.
Register for our FREE global VAT and GST news updates. You can check which countries have implemented SAF-T here in Europe and beyond.
Known as SAF-T UA, the OECD-format transactional level submission will be requested in advance of a regular tax audit. The taxpayer will have two days’ notice to produce the report This will follow the schema below:
- General ledger accounting entries
- Sales ledger
- Cash receipts
- Fixed asset register
- Intangible asset movements
- Tax reconciliation
- Phased introduction 2023 to 2027
The timetable for the SAF-T UA introduction will be as follows:
- On-demand for large taxpayers – 1 January 2023
- Periodic mandatory submissions for large taxpayers – 1 January 2025
- Periodic submissions for all taxpayers – 1 January 2027
OECD Standard Audit File for Tax (SAF-T)
The OECD launched v1 of SAF-T as a standard for tax authorities and taxpayers to efficient exchange information. It is XML-based. Over 10 European countries have already adopted it.
- General Ledger: journals;
- Accounts Receivable: customer master files; invoices; payments;
- Accounts Payable: supplier master file; invoices; payments;
- Fixed Assets: asset master files; depreciation and revaluation; and
- Inventory: product master files; movements.
Standard Audit File for Tax SAF-T countries
|Country (click for details)||Date||Scope|
|12||Ukraine||Jan 2023||Phased 2023 to 2027 implementation|
|11||Romania||Jan 2022||Mandatory monthly filings initially large taxpayers (due Jan 2023)|
|10||Hungary||Likely 2023||Potential introduction SAF-T HU|
|9||EU OSS & IOSS||Jul 2021||On-demand for sellers, marketplaces or Intermediaries|
|8||Norway||2020||Replaced VAT return 2022|
|6||Lithuania||2019||On-demand; residents and non-residents above €30,000 sales threshold|
|5||Poland||2016||Mandatory, monthly replaced VAT return Oct 2020|
|1||Portugal||2009||Monthly for residents and non-residents (Jun 2022)|