Entrepreneurs should not forget that a bank statement for the tax officer is primarily a list of potential income. Therefore, transfers to the account of an individual entrepreneur from relatives – for example, a husband or wife – may raise questions during monitoring.
Is the transfer of one’s own funds considered income?
And although only funds received directly from entrepreneurial activity are recognized as income, there are several important nuances. The details were explained on the Debet-Credit portal. If the purpose of the payment indicates something like “transfer of personal funds to the wife” or “family savings”, the proceeds should not fall under the single tax. After all, according to the law, the property of spouses is joint. So when a husband transfers money to the account of his wife-individual entrepreneur, it is a transfer of family funds, not commercial income.
Please note! This rule applies only to an officially registered marriage. If the couple lives in a civil marriage, the transfer from the partner can be recognized as income from a third party.
How to properly transfer your own funds to an individual entrepreneur’s account?
To ensure that the transfer or deposit of “your” money does not end up with additional charges, follow these rules:
firstly, the funds must have a legal source of origin, from which mandatory taxes have already been paid (such as salary, dividends, sale of property, etc.);
secondly, the availability of supporting documents (income certificates, data from registers, declarations and other papers).
In addition, entrepreneurs are advised not to forget about the bank’s financial monitoring, which may work even before the tax service. If the amount is significant and there is no confirmation of the source of funds, the bank may stop the operation or block the account.
How to properly issue a payment purpose?
In the “Purpose of payment” field, it is worth leaving clear and unambiguous wording that indicates the nature of the receipt.
If it is a question of returning cash proceeds or funds previously withdrawn from an individual entrepreneur’s account, it is appropriate to write “Revenue for (period)”, which should coincide with the reporting.
If the source is your salary or other personal income, it is better to avoid the word “revenue”. For example, for a spouse, it is advisable to say “transfer of personal funds to a husband/wife. Without VAT”.
On the other hand, vague phrases like “replenishment of working capital” or “financial assistance” without proper registration can attract unnecessary attention.
What else should individual entrepreneurs know?
Let us remind you that in 2026 the state extended the grant program to support business. Existing entrepreneurs can receive up to 1 million hryvnias for the purchase of equipment, purchase of raw materials, rent, marketing, etc. By the way, due to problems with electricity, some individual entrepreneurs began to include payments “for a generator” or “for light” in checks. However, for everything to be legal, a number of conditions must be met, including informing the consumer in advance.
24tv.ua
