247 MPs voted “for”.
The Verkhovna Rada voted for bill No. 11416-d on increasing taxes.
MP Yaroslav Zheleznyak reported this.
247 deputies voted for the corresponding decision. At the same time, the size of the military tax will remain preliminary – 1.5%.
What the document suggests
- The document provides for a historic increase in taxes by UAH 58 billion this year and UAH 137 billion next year
- The draft law provides for an increase in the military tax (MT) from 1.5% to 5%, the establishment of a MT in the amount of 1% of the income of single tax payers of group III, the establishment of a MT for individual entrepreneurs – single tax payers of groups I, II and IV at the level of 10% of the minimum wage
- It is also planned to set the income tax rate for banks for 2024 at 50%
- The document contains a provision on establishing the income tax rate for non-bank financial institutions (except for insurers) at 25%
- It is also envisaged to improve the proposed model for determining the amount of advance payments on corporate income tax for gas stations
- The bill changes the tax period from quarterly to monthly for reporting on income paid in favor of individuals (for economic reservation)
Recall that the Cabinet of Ministers approved changes to the state budget for 2024, according to which defense spending will increase by 495.3 billion hryvnia. That is, taxes may increase. The fact is that Ukraine's international partners do not finance our military spending. This is where tax money goes along with domestic borrowing.