Lease contract registration: accounting of expenses and taxation

Consultation is given how to reflect expenses in tax and the accounting, connected with additional expenses on manufacturing of that of documentation, the project of the land lot, etc. after receiving in rent of the land lot.

The farm concluded the lease contract of the land lot with the district state administration. In the course of contract registration the economy incurred additional expenses: on production of technical documentation, the project of the land lot, etc. How to reflect such expenses in tax and accounting?

Really, according to Art. 15 of the Land code of Ukraine the conclusion of the lease contract of the land lot is preceded by a preparatory work – a proyovedeniye of ground and cadastral works. Without it gosuyodarstvenny registration of the lease contract nevozmozh­na. Services in performance of such works – paid.

So, costs of lease contract registration – it is the expenses suffered in connection with preparation, an organiyozatsiya and conducting production (subitem 5.2.1 of the Law on profit). And such expenses join in structure of gross expenses.

If at lease contract registration the enterprise up­lachivalo the VAT, its sums it is possible to include in structure of the tax credit as expenses in connection with conducting the hoyozyaystvenny activity assuming osushchestvleyony of taxable operations (subitem 7.4.1 of the Law on the VAT). But existence tax nakladyony is for this purpose obligatory – so don’t forget about this important point.

As expenses are connected with a production deyayotelnost of the enterprise, to reflect the tax credit it is necessary in the special declaration:

• or No. 1 – if on the rented ground uchayostka is planned to grow up rasteniyoevodstvo production for a forage of animals;

• or No. 2 – is supposed to grow up plant growing production for sale.

In accounting of an expense for registration of a dogoyovor of rent join in an other expenses of operatsiyoonny activity.

Example

The agricultural enterprise incurred ras­xody on lease contract registration at a rate of 500 UAH. (without the VAT). Let’s present the operations performed in this regard in the table.

(UAH.)

(On Balans-Agro newspaper materials).

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