“Discussions on the VAT increase continue, but for now the Rada is working with the military assembly – people’s deputy Deputy Lesya Zaburanna reported that discussions on the VAT increase are ongoing in the Verkhovna Rada. Currently, Parliament is focused on the military levy as a specialized tax to finance the army.”, — write on: unn.ua
“Discussions about this are underway (about the increase in VAT – ed.), have been going on for a long time, but so far the position is that we work with the military levy as a specialized tax. Indeed, the expectation is more than 100 billion from the increase and introduction of the military levy for FOPs in 2025 year, and this money is important for filling the budget, because I want to remind you that everything we spend on the army today, up to a single hryvnia, can only be our own income and irrevocably spend on the army. In fact, the country should finance the army exclusively from its own revenues,” Zaburanna said.
We will remind
The Verkhovna Rada plans to consider the draft law, which provides for a tax increase, in mid-October, but its regulations will come into effect as early as October 1.