the-law-on-raising-taxes-will-come-into-force-on-december-1-what-happened

The law on raising taxes will come into force on December 1: what happened

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The publication of the law on raising taxes was removed. It will now be published tomorrow, November 30, and it will come into force as planned on December 1. This was announced by MP Yaroslav Zheleznyak, reports UNN.

The publication of law 11416d on the increase was removed or postponed... it will now be published only tomorrow (30/11) and will come into force on December 1

- Zheleznyak wrote in Telegram.

He noted that until December 1, the military fee is considered as it was: 1.5%.

Chairman of the tax committee of the Verkhovna Rada Daniil Hetmantsev also said in Telegram that the law will come into force on December 1, 2024.

"It will be published on November 30, respectively," he said.

Getmantsev said that common sense won.

"We will consider this a mistake of the printer," Getmantsev wrote.

However, yesterday, on November 28, Getmantsev confidently wrote that the resource law was published on November 28 and, taking into account the deadline for publication of the law, it will come into force on November 29.

He also promised that  there would be an official explanation in the morning.

But as a result, today he apologized to accountants for the lost nerve cells.

"Dear accountants, sorry for the lost nerve cells," wrote MP.

addition

President Volodymyr Zelensky signed Law No. 11416-D on the "historic" tax increase. The document provides, in particular:

* increase in the military levy on personal income (wages, dividends, additional benefits, etc.) from 1.5% to 5%;

* Sole proprietors on a single tax of Groups 1, 2 and 4 are required to pay a monthly military fee of 10% of the minimum wage;

• for single tax payers of the third group, the military levy rate of 1% of income is set;

* introduction of income taxes for the financial sector. The income tax rate for banks in 2024 is 50%. For non-bank financial institutions (except insurers), the profit rate will be 25%.

On October 10, the Verkhovna Rada of Ukraine adopted draft law No. 11416-D on a significant tax increase.

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