the-military-tax-will-increase-from-15percent-to-5percent-and-will-be-extended-to-a-larger-category-of-people-ministry-of-finance

The military tax will increase from 1.5% to 5% and will be extended to a larger category of people - Ministry of Finance

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The new changes in the military fee provide for an increase in the rate to 5% and its expansion to small businesses and other business categories. This was announced by Finance Minister Sergii Marchenko during a telethon, UNN reports .

First of all, it concerns expanding the base of those subject to the military tax. Currently, the military tax is 1.5%, and it is paid only by those who receive a salary and are officially employed. We want to extend the military tax to other categories of taxpayers, including small businesses and businesses in general, so that they are subject to the military tax. The rate will be increased from 1.5% to 5%

- Marchenko says.

He says that this does not apply to pensioners, because pensions are not taxed.

“This does not apply to pensioners and other social benefits. It only concerns salaries,” Marchenko emphasized.

Recall

Finance Minister Sergiy Marchenko said that the country's needs sometimes do not coincide with its capabilities, so it is necessary to raise UAH 500 billion for defense spending, part of this money will be covered by additional sources of income, namely tax increases.

Iryna Kolesnik

Economy

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