KYIV. Dec 16 (Interfax-Ukraine) – The Ministry of Economic Development and Trade has proposed the Cabinet raise the threshold of payment transactions which may be carried out without using cash registers from UAH 75,000-200,000 to UAH 250,000-500,000.
The ministry posted the relevant draft resolution of the Cabinet on its website.
The ministry pointed out that the Cabinet by its resolution No. 1336 of August 20, 2000 set the maximum annual volume of payment transactions for the sale of goods and services without using cash registers at UAH 200,000 per business entity and UAH 75,000 per structural unit. Now the ministry proposes increasing them to UAH 500,000 and UAH 200,000 respectively.
The ministry said it is necessary to take into account inflation, which occurred over the period of validity of the decision, as well as the specifics of commercial activity and providing certain services.
