All salaries will decrease: MP explained what will happen to Ukrainians' incomes after December 1
Date: 2024-11-29 Author: Кирило Загоруйко Categories: ECONOMY
From December 1, after the law on increasing taxes comes into force, all legal incomes of Ukrainians will decrease due to the increase in military tax to 5%. MP, member of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Nina Yuzhanina spoke about this on the air of "Kiev24".
"Absolutely, all income that you legally receive anywhere - this is at work as an employee, accrued interest on deposits in banks - all this will be taxed at the military tax rate of not 1.5%, but 5%," Yuzhanina said.
She explained that net income "on hand" will become smaller.
"Everyone should understand that when you go to receive a thousand hryvnias ('winter support') from December 1, they simultaneously raise the deduction from your income and distribute this thousand. But they will distribute it once, and they will support you monthly," the MP noted.
According to Yuzhanina, you should be careful and, when receiving a lower salary from December 1, understand that this is not the employer's fault, but the increase in the military tax rate.
