Every day, 5.6 billion hryvnias are spent from the Ukrainian budget to support the war against the Russian Federation. The state already needs at least 500.3 billion hryvnias to cover critical needs, and therefore the size of the military tax will be increased from 1.5 percent to 5 percent.
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Photo – antikor.com.ua
As reported by NBN with reference to the official Telegram channel of the Ministry of Finance, the amendment to the Tax Code, envisaged by the new bill registered in the Verkhovna Rada of Ukraine, will reduce the official income of Ukrainians by at least 400 hryvnia, and these funds will be directed to meet the needs of the Defense Forces.
In particular, after the increase in the military tax rate, citizens will be charged in favor of the Ukrainian army:
- from a salary of 8,000 hryvnia — 13 hryvnia/daily or 400 hryvnia/monthly (there will be 7,600 hryvnias left);
- from 20,000 hryvnias— 33 hryvnias/daily or 1,000 hryvnias/monthly (19,000 hryvnias);
- from UAH 50,000— UAH 83/daily or UAH 2,500/monthly (UAH 47,500);
- from UAH 100,000— UAH 167/daily or UAH 5,000/monthly (UAH 95,000);
- from UAH 200,000— UAH 333/daily or UAH 10,000/monthly (UAH 190,000 hryvnia).
At the same time, the funds from the “removal” of the military tax should go towards purchasing, if you believe the infographic:
Photo — t.me/MOF_ua
Earlier, our information portal wrote about how, at the beginning of June, Shmygal answered whether the Cabinet of Ministers was planning to increase tax rates for citizens.