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March 24 2004, 12:16 APK-Inform

Finance Ministry: companies and banks will have enough time to prepare for introduction of VAT accounts

Enterprises and banks of Ukraine will have enough time to prepare for special VAT bank current accounts introduction from April 1, as the new system is rather simple, and the government of Ukraine will carry out a special inform campaign for taxpayers, it is considered in the Ministry of Finance of Ukraine.

"I think we'll acquaint maximum taxpayers with this system through the television and wire broadcasts, newspapers for 3-4 days", - the Minister of Finance the deputy Vadim Kopylov said.

According to V. Kopylov, on Tuesday the Minister of Finance Nikolay Azarov had a briefing where the problems how to inform the taxpayers about special VAT bank accounts introduction were discussed. Thus, the government plans to take some actions to inform manufacturers and entrepreneurs about the mechanism VAT bank accounts, which will be introduced from April 1.

V. Kopylov said that the government's bill on special VAT bank accounts introduction should be adopted on March 24, and at the same day it should be placed into the web-site of the Ministry of Finance of Ukraine.

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