Individuals-entrepreneurs have 5 days left: which taxes need to be paid by August 20.

Individual entrepreneurs must replenish the state budget by August 20 with a single social contribution, a military charge, and a single tax. There is very little time left for this. The News.LIVE website shares details on what entrepreneurs should complete in August 2025.

Entrepreneurs should monitor the timeliness of fulfilling their financial obligations using the tax calendar. This month they face the payment of several taxes and fees, including single tax and military charge. There are also certain deadlines for submitting declarations and other financial documents.

• For the 1st group of entrepreneurs, the single tax is 302.80 UAH, and for the 2nd group - 1,600 UAH.

Entrepreneurs of the 3rd group have less time: by August 19, they need to pay 5% of the single tax and 1% of the military charge. The deadline for submitting the declaration for the first half of 2025 already ended on August 11. It is also important to provide the Tax calculation for July by the 20th of the current month for entrepreneurs with hired workers.

Entrepreneurs usually pay the single social contribution quarterly within 19 days after the end of the quarter. The minimum amount in 2025 is 5,280 UAH. The European Union exempts certain categories of individuals from paying the single social contribution, including persons with disabilities and members of farming households.

Employees who have their own business and some other categories of citizens also have benefits for the payment of the single social contribution. It is important to adhere to deadlines and not to violate financial obligations.

What else Ukrainians should know

Individual entrepreneurs may be fined for the absence of primary documents. The Cabinet of Ministers is also preparing a compensation program for the excise tax on cars for participants in hostilities.