The Verkhovna Rada adopted in its entirety bill No. 1088, regulating the use of cash registers by small and medium businesses. The bill was developed with the participation of the Cabinet of Ministers.

According to the document, all entrepreneurs-“simplified” The first, second and third groups with an annual income of less than UAH 1 million, regardless of the type of activity, are not required to install cash registers.It is expected that for this category of business, cash registers will become mandatory from January 1, 2016 - that is, entrepreneurs will still have time to prepare for the purchase and installation of cash registers (Cash registers).

The Ministry of Finance also insists on the development of a mechanism for checking entrepreneurs for turnover exceeding UAH 1 million. This proposal was taken into account by parliamentarians.

Furthermore, bill No. 1088 provides for the abolition of fines for the improper use of cash registers.

Also,RRO will not be applied to currency purchase and sale transactions carried out at the cash desks of authorized banks.

Let us recall that the law, which was supposed to regulate the functioning of cash registers, came into force on July 1, but caused protests among business representatives.

The decision that single tax payers must use cash registers was made at the end of last year. Initially, the exception was made for entrepreneurs of tax group 1, as well as all those who trade in markets or are involved in mobile trade. Entrepreneurs of groups 2 and 3, who do not fall under these parameters, were given time to prepare — until January 1, 2016 and July 1, 2015, respectively. Businesses receiving income from legal entities through non-cash payments were exempted from the obligation to purchase cash registers.