Do Entrepreneurs Need a Cash Register in 2024?

Group 1 single tax entrepreneurs do not need a cash register if they:

a) Do not employ hired workers;
b) Trade exclusively at markets;
c) Revenue does not exceed 1,085,500 UAH per calendar year (2023).

 

For everyone else (second and third group of single tax), cash registers are not used:

1. If you have only non-cash transactions, then DEFINITELY NO! (Art. 9.12 of the Cash Register Act).
By non-cash in this context, it refers only to deposits into the entrepreneur's bank account 2600 from the customer's account or through a bank when the client deposits cash into the bank, and the bank transfers it to the entrepreneur's account. Payment via QR code or through a link does not count as a payment to the account. You must immediately send a cash receipt to the buyer via SMS or email after payment.

2. If there's no fact of money (card payments) acceptance at the point of sale/provision of services.

Small tricks to avoid the cash register:
a) Provide all clients who cannot pay non-cash with a pre-prepared payment slip (sample) with your bank details and direct them to the nearest bank.
b) Sign a contract with Privatbank, and anyone can pay for your services at any Privatbank terminal. They can also pay through the Privat24 system.

3. Now let's talk about the fines associated with the cash register.
There are quite a few; I'll focus on the main ones:
3.1. Fine for not using a cash register or using one not registered with the tax office; not issuing a receipt:

Sanctions are applied as follows:

100% of the cost of goods sold in violation – for the first offense;

150% of the cost of goods sold in violation – for each subsequent offense;

 

Answers to questions:
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