Ukrainians' incomes will drop sharply in December: what is the reason.
Increasing the military tax rate will reduce Ukrainians' incomes
People's Deputy Nina Yuzhanina stated that after December 1, Ukrainians' incomes will decrease. She reported this on the air of Kyiv24.
According to the deputy's statement, from December 1, the military tax rate will increase to 5%. This will lead to a reduction in the net income of Ukrainians, which will affect the salary size. At the same Time, Nina Yuzhanina emphasizes that everyone who works legally will feel the decrease in income.
'All income that you legally receive anywhere - be it at work as an employee, accrued interest on bank deposits - all this will be taxed at the military tax rate of not 1.5%, but 5%,' Yuzhanina explained.
The deputy also noted that increasing the tax rate does not mean that salaries will increase.
'Despite the increase in taxes, the minimum wage in 2025 will remain at 8000 hryvnias, and the subsistence minimum will be 2920 hryvnias,' Nina Yuzhanina noted.
As for social benefits and assistance, which depend on the subsistence minimum, they will also remain unchanged.
Let us remind you that from December 1, Ukrainians will face changes.
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