March 17, 2025
Raising the FOP taxes will not be, -mintphine thumbnail
BREAKING NEWS

Raising the FOP taxes will not be, -mintphine

The Ministry of Finance of Ukraine denied the increase in taxes for FOPs. Such information is not true and is manipulative. This was reported by the Ministry’s press service. The department explained that legislative changes to the elements of a simplified taxation system will begin to be processed only after the preconditions for such a reform are fulfilled – not earlier than a year of the next one in which in which”, – WRITE ON: ua.news

The Ministry of Finance of Ukraine denied the increase in taxes for FOPs. Such information is not true and is manipulative.

This was reported by the Ministry’s press service.

The department explained that the legislative changes to the elements of a simplified tax system will only be processed after the preconditions for such a reform have been fulfilled – not earlier than a year of the next one, which will be considered the measures on the safety of data use and access to information on the volume and process of taxpayers in their accounts.

The process will take place in public, as it will require discussions with the public, business and all branches of the authorities, as well as with the involvement of international partners.

Only after public discussions, the legislative changes will be considered and approved by the Verkhovna Rada of Ukraine, explained in the Ministry of Finance.

Earlier it was reported that the government plans to review the conditions of taxation for FOPs. The single tax for them will gradually increase to 18%.

The Cabinet of Ministers has approved a list of goods whose free transfer transactions will be temporarily exempt from excise tax and VAT.

The Ministry of Finance of Ukraine has approved a new form of tax calculation for personal income tax (PIT) and a single social contribution (ESV), as well as updated the procedure for its filling and submission.

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