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Individual entrepreneurs will be able to pay taxes directly on their smartphone via Privat24: how the new service works

PrivatBank has announced the launch of a new service. From now on, individual entrepreneurs can submit single tax declarations directly through the Privat24 mobile application. The main feature of the new service is automatic declaration generation.

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Individual entrepreneurs will be able to pay taxes directly on their smartphone via Privat24: how the new service works

PrivatBank has announced the launch of a new service. From now on, individual entrepreneurs can submit single tax declarations directly through the Privat24 mobile application. The main feature of the new service is automatic declaration generation.

The new service is available to individual entrepreneurs of groups 1, 2, and 3 and allows you to go through the entire reporting process, the bank reports .

The main advantage of the service is full automation. The system itself analyzes the entrepreneur's accounts in PrivatBank, calculates income and fills out the declaration. The individual entrepreneur only needs to check the data and certify the document with his SmartID.

Immediately after signing, the report automatically goes to the tax office. As soon as the State Tax Service accepts the document, the entrepreneur will be able to pay taxes in the same application - without unnecessary transitions and searching for details.

The service is available in the Privat24 Unified Application in the "Tax Returns" section, where users can also view previously submitted reports and create new ones.

As noted by the financial institution, this is another step towards the "bank as a digital business center" model, where entrepreneurs can manage finances, reporting, and mandatory payments from a smartphone.

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