• 04/03/2024 07:16

Increasing the “minimum wage” from 2024: how many hryvnias will Ukrainians actually receive in their hands?

ByJohn Newman

Jan 31, 2024

With the advent of 2024, initially the minimum wage in the country (“minimum wage”) increased from 6,700 hryvnia to 7,100 hryvnia (42.6 hryvnia per hour), that is, in the second stage , planned from April 1, citizens will already receive 8,000 hryvnia (48 hryvnia per hour), however, according to statistics, not in reality.

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Photo – gettyimages.com

About what amounts will be accrued to employees after payment of all government “extortions,” writes “NBN” , referring to the Telegram channel of lawyer Rostislav Kravets.

According to Kravets, to determine the real amount of the minimum wage after deducting all tax fees, the amount of tax should be subtracted from the actual level of the “minimum wage” for the income of individuals (personal income tax) and military duty.

In particular, the calculations look as follows:

  • from January 1 – 7,100 hryvnia minus 18 percent of personal income tax, minus 1.5 percent of military tax = 5,734 hryvnia;
  • from April 1 – 8,000 hryvnia minus 18 percent of personal income tax, minus 1.5 percent of military tax = 6,461 hryvnia.

Previously, our news portal informed that the State Statistics Service showed the income rating of Ukrainian citizens by area of ​​labor activity.

nbnews.com.ua

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