Assessment of accounting and analytical support for the management of personal income tax settlements

Abstract

Accounting and analytical support for managing personal income tax settlements is a systematized aggregate complex of interrelated elements (methods, techniques, tools, information technologies) aimed at generating reliable, complete and timely information on the accrual, withholding and payment of personal income tax, necessary for effective management decision-making. Personal income tax is a significant source of revenue for the budget of Ukraine, providing financing for state expenditures and social programs. Effective administration and management of this tax is key to ensuring the financial stability of the state. In the context of dynamic economic development, changes in legislation, digitalization of economic processes and increasing complexity of financial transactions, the issue of accounting and analytical support for personal income tax payments is becoming particularly relevant. The need for the study is due to the need to improve existing approaches to accounting, analysis and control over the accrual, withholding and payment of personal income tax in order to increase the efficiency and fairness of the tax system in Ukraine. This study is devoted to the analysis of theoretical and methodological principles for assessing the accounting and analytical support for managing personal income tax payments and developing a new model of progressive taxation, which takes into account not only the level of income of the taxpayer, but also his family circumstances. The proposed model involves the use of a system of coefficients that allows for differentiation of the tax burden depending on the number of children and other social factors. This approach contributes to achieving greater social justice and stimulates fertility.