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Tax increases planned in Ukraine – Getmantsev

Photo: Danilo Getmantsev/Facebook

The changes concern direct and indirect taxes that make up the budget, including VAT, military duty and excise taxes.

The Cabinet of Ministers plans to increase some taxes to fill the budget. This was said by the head of the Verkhovna Rada Tax Committee Daniil Getmantsev in Telegram on Thursday, May 23.

“We need to increase both the expenditure and revenue parts of the budget to finance the army, which we finance from our internal sources.

According to him, the government is now calculating the needs, but they are huge – at least 300 billion hryvnias by the end of the year.

“How can we raise this kind of money, let’s wait for a proposal from the Cabinet of Ministers, but yes, it is impossible to provide it by bypassing the main taxes, so the changes concern direct and indirect direct tax , including VAT, military duty and excise taxes Is it good for the economy “It is not.

It was earlier learned that the Cabinet of Ministers is discussing the increase in military duty and value added tax (VAT) rates. According to media reports, the military tax is planned to be increased from 1.5% to 5%. A similar tax rate of 5% may be introduced for individual entrepreneurs.

We remind you that in January – April 2024, the state budget received 623.5 billion hryvnias. In the first quarter of this year, individual entrepreneurs paid more than 13.9 billion hryvnias of single tax to the budget.

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Source: korrespondent

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