Some entrepreneurs face fines in July - how to avoid penalties.

Individual entrepreneurs need to be attentive: they must always submit reports on Time and pay taxes, otherwise they may face fines and forced withdrawal of funds from their bank accounts. The main thing is not to miss deadlines!

This information was published on the website of the State Tax Service.

What entrepreneurs need to do in July

In July 2025, there is little time to fulfill tax obligations. For example, by the 18th, the following amounts must be paid:

• For 1st group entrepreneurs - 302.80 hryvnias of single tax;
• For 2nd group entrepreneurs - 1,600 hryvnias of single tax;
• For both 1st and 2nd group entrepreneurs - 800 hryvnias of military tax.

Some entrepreneurs are exempt from paying taxes, including those who are fighting at the front or are registered in temporarily occupied territories.

By July 21, it is also necessary to pay the single social contribution for the 2nd quarter of 2025, and employers must pay salaries for June for their employees.

Who is exempt from taxes

Mobilized entrepreneurs, including contractors, are exempt from tax obligations during their service.

The head of the VRU Committee on Finance, Taxation and Customs Policy, Danilo Hetmantsev, explained that this will simplify life for businesses during the war, and there will be no need to prepare reports.

And entrepreneurs who lost their status as single tax payers due to debts will automatically regain this status under certain conditions.

What else is important for Ukrainians to know

From August 1, 2025, some providers of social services in Ukraine will be exempt from paying VAT, which will help avoid unnecessary bureaucracy and support the population.

Mobilized entrepreneurs are also granted specific tax benefits during their service under contract.

The tax service reminds individual entrepreneurs of the importance of timely submission of reports and tax payments in July. Some categories of entrepreneurs are exempt from taxes during their service, and additional benefits have also been provided for mobilized entrepreneurs. Changes in taxation will simplify the process for businesses and help support the population and social services in Ukraine.