THE PROSPECTS OF SMALL BUSINESSES’ DEVELOPMENT OF UKRAINE IN THE CONTEXT OF INNOVATIONS IN THE SIMPLIFIED SYSTEM OF TAXATION, ACCOUNTING AND REPORTING

Abstract

The article deals with the special features of small businesses in Ukraine and abroad according to the simplified system of taxation, accounting and reporting. The main benefits and drawbaks of taxation, accounting and reporting of small businesses, which relate to the simplified system are outlined in it. The reform directions and perspectives of small business in Ukraine are discussed and are proposed in the context of innovation in a simplified system of taxation, accounting and reporting, taking into account national and international experience.