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.
Read also
- Contract 18-24: legislation to provide deferment for volunteers in Ukraine
- UN investigation confirmed Russia's guilt in the terrorist attack in Olenivka in 2022
- The Defense Forces struck the occupied Donetsk and Luhansk: video
- The old 5-hryvnia banknote brought 17 thousand: which banknotes are worth crazy money
- Fines for drivers and confiscation of cars: Germany has tightened rules for Ukrainians
- July gas tariffs have already been set: who will pay significantly more