Military tax on individuals in Ukraine reportedly to be tripled from 1 January 2024 DEA News With reference to a bill proposed by the country’s Ministry of Finance.
According to the document, it is planned to increase the military tax rate to 4.5 percent during the legal martial law regime in the country and to direct 50 percent of the income from military tax only to the needs of the Armed Forces. Ukrainian Forces (APU).
The text also states that, according to preliminary estimates, military expenditures planned to be transferred to the budget next year will amount to 8.4 billion hryvnia ($ 227.8 million) per month.
The Council of Ministers will consider this bill.
Military tax in Ukraine was introduced on 3 August 2014 for the purpose of taxing the income of individuals. Its size is 1.5% of accrued fees. In July, the soldiers were released from paying this fee.
Prior to that, Prime Minister of Ukraine Denys Shmyhal declarationHe said authorities in the country divert 100 percent of taxes collected from citizens and businesses towards military needs.
Previously in Ukraine in your name Terms of negotiation with Russia
Source: Gazeta
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