The Finance Ministry initiates cancellation of 10 taxes and reduction of allocations to the wage fund. The Finance Ministry reported it.
“The Finance Ministry prepared a bill on cancellation of 10 taxes”, is reported.
The Finance Ministry does not specify the taxes. However, officials note this bill envisages also reduction of duties to the Pension Fund with sale of cashless currency from 0,5 percents to 0,2 percents and transfer of some part of allocations to the Pension Fund from artificial persons to natural persons with a compulsory increase of wages. Allocations are presupposed to reduce by 3,5 percents to the labor compensation fund.
According to Finance Ministry, enactment of the bill will reduce tax pressure on economics, will abolish superfluous reports on enterprises, will reduce amount of works done by tax authorities directed at taxes management.
Earlier the head of the National Bank of Ukraine (NBU) council Petr Poroshenko supported a complete cancellation of taxes to the Pension Fund from sale of foreign currency. By Ukrayinski novyny