BP reported on tax changes for companies

From January 2021, due to the increase in the minimum wage, there will be tax changes for small businesses in Ukraine.

In Ukraine, taxes for small businesses will increase from 2021. People’s MP from the Golos faction, Yaroslav Zheleznyak, wrote about this on his Facebook page.

“So, by voting for the budget, the minimum wage will increase from 5000 to 6000 UAH / month, and this will immediately increase taxes, mainly for small businesses,” he wrote.

Zheleznyak named several positions in which entrepreneurs will have to pay more taxes:

– The state of emergency of the second group will pay 475.4 UAH / month more than the single tax + ERU per month.

– ERUs for simplified sole proprietorships will grow 220 UAH / month (up to 1,320 UAH).

– Now it will be more expensive for the employer to keep a person on the minimum wage at 1220 UAH / month. Minimum UAH 7320

The people’s deputy recalled that in December 2021 there will be another increase in the minimum wage, up to 6,500 UAH.