“Tax increase in Ukraine: new taxation also comes into force for sole proprietors of the third group from January 1 – MPThe BP committee has made an amendment to postpone the new taxation for sole proprietors of the third group until January 1, 2025. Amendments were made to the draft law on stimulating the development of the digital economy in Ukraine.”, — write: unn.ua
Once again, we revised the decision on 9319, which corrects the draft law on raising taxes 11416d. we made an amendment that the new taxation also comes into force for sole proprietors in the third group from January 01, 2025
recall
On November 28, it was reportedthat before President Volodymyr Zelensky signed Law No. 11416-D on the “historic” tax increase, which is also called “resource”.
On the same day, it became knownthat the law on raising taxes was published online. People’s deputy Yaroslav Zheleznyak noted that it was planned that the law would be published on November 30, so that it would come into force on December 1, because it is assumed that the law comes into force the day after publication, so this could have serious consequences for business.
However , already on November 29, informationappeared that the publication of the law on tax increases was removed. It will now be published tomorrow, November 30, and it will come into force on December 1, Zheleznyak indicated .
As reported, the document provides, inter alia:
- Increase in the military levy on personal income (wages, dividends, additional benefits, etc.) from 1.5% to 5%;
- Sole proprietors on a single tax of Groups 1, 2 and 4 are required to pay a monthly military fee in the amount of 10% of the minimum wage;
- For single tax payers of the third group, the military levy rate is set in the amount of 1% of income;
- Introduction of income taxes for the financial sector. The income tax rate for banks for 2024 is in the amount of 50%. For non-bank financial institutions (except insurers), the profit rate will be 25%. For them, taxation will be carried out from January 1, 2025.