• EBRD and wood waste
• Cancel around box office harassment!
• Russia may allow transit of Ukrainian goods
• What are most often punished “simplists”
• Trends in the Russian furniture industry

Everything that happened last week in Ukraine and the world and is relevant for the furniture maker, read our digest:

1. The European Bank for Reconstruction and Development (EBRD) has decided to introduce in Ukraine new methods for wood waste, which will reduce their volumes by 23% to three thousand tons per year. This is stated in a press release from the EBRD.
Credit funds in the amount of three million euros will be allocated to the company Tsunami, which is engaged in the production of solid biofuels from oak chips, as well as oak veneer for floorboards. In addition, she plans to begin production of multi-layer parquet.
The named credit will be supplemented by means of technical cooperation of the European Union in the amount of up to 70,000 euros. Under the EU4Business program, as well as a stimulating grant of 170,300 euros from the Global Environment Facility.

2. Business will ask President Vladimir Zelensky to abolish fines for violation of cash discipline, approved by decree number 436 back in 1995. The initiative was launched by the European Business Association. It says that in 2001 the punishment became even tougher – both due to non-arrival, and for untimely posting of cash on hand.
The EBA assured that the notorious decree No. 436 only helps the tax authorities to find fault with companies and apply excessive fines for correcting the document flow. By posting cash with an error (late posting) can be punished in fivefold of the amount. At the same time, if a store or gas station is caught in trade without a cash register at all or without issuing a fiscal receipt, at first it will be fined only a symbolic one hryvnia.

3. After the government of Russia received requests from Kazakhstan and Kyrgyzstan to allow transit of industrial goods from Ukraine, which are priority for them, it processes amendments to national legislation concerning the transit of Ukrainian goods through Russia to other countries. This was told to journalists by the first deputy chief of staff of the Russian government, Sergei Prikhodko.
The government of the Russian Federation is working on the issue of introducing changes to other existing regulations regarding the importation into Russia and the transit of goods from the territory of Ukraine to Kazakhstan and Kyrgyzstan while observing the rules of navigation sealing and accounting, the Russian official added.

4. Tax officials named the main mistakes of “simplists” and reasons for checking them.
The most common mistake – the wrong definition of income, and therefore their incorrect reflection in the statements. In general, Oksana Tereshchenko, the head of the department of control and verification of physical persons, identified the seven most common typical violations identified during the checks of the “simplists”:
– declaration in full of income from entrepreneurial activities;
– failure to comply with the conditions of stay on the simplified taxation system (payers of 1-3 groups) due to the excess of the amount of income;
– incorrect determination of the amount of income when using registrars of settlement operations and acquiring.
– non-registration or late registration by the VAT payer in case of excess of the volume of transactions with the supply of goods;
– granting for rent to a natural person-entrepreneur of real estate: total living area of ​​100 sq. m. or non-residential area of ​​300 sq. m .;
– provision of legal entities person-entrepreneur return financial assistance jur. persons or spd.
– provision of services to legal entities.

5. Analysis of the industry in Russia shows that only 2-3% of furniture businesses showed a significant increase in sales. From 5 to 10 percent of companies manage to keep their positions, while this indicator is relatively unstable.
What happens to the others? Most of them are experiencing not the best times, they still hold on to the market, but the prospects for development are very vague. Thus, if we take this assumption as a basis, then in the coming years, about 30% of existing companies will remain on the market. At the same time, the emergence of new companies is expected, they will work under the new rules, offering the services in demand on the market.