KPMG: changes in accounting

If there are accountants among you, your colleagues or acquaintances, we advise you to read the digest from KPMG on changes in accounting for December 2021, in which you will learn:

? 1. Under what conditions insignificant deficiencies in the documents are not grounds for non-recognition of a business transaction.

? 2. Is PIT taxed on the cost of special clothing or footwear and other goods provided by the employer for temporary use to the employee and not returned by such employee upon dismissal?

? 3. Procedure for VAT taxation of engineering services for real estate located in the customs territory of Ukraine.

? 4. The procedure for accounting for inventories of individual enterprises.

? 5. Increasing administrative fines for tax violations: the bill is already in the Verkhovna Rada.