SAF-T for Ukraine
The Ukrainian Ministry of Finance has adopted an optional Standard Audit File for Tax (SAF-T) regime from 1 January 2023. It will become mandatory for large taxpayers from 1 January 2025, and then for all taxpayers from January 2027. SAF-T UA will be requested before a regular tax audit. The taxpayer will have two days’ notice to produce the report.
How KGT can provide support?
- KGT has developed for Ukraine an SAP add-on, and KGT can demo the features, including risk management tools or
- KGT's support is particularly beneficial when a web-based provider is selected. These providers often lack standard E2E solutions, leading to the need for costly consultancy work. However, KGT has developed extraction logic that ensures complete tax data is provided to the vendor's cloud portal environment. This not only saves costs but also enhances data security. Additionally, KGT offers optional functionalities within SAP itself, allowing for data analysis checks before submission, further reducing the risk of non-compliance or
- KGT gets operational for its client's SAP Document Reporting and Compliance (DRC) or
- KGT developed a 'tax engine and cockpit' in the cloud that can be connected to your ERP system, regardless of whether you run SAP.
