In Ukraine, part of taxes will be increased in a few days. For example, the “single tax” for individual entrepreneurs of the second group will increase from 944.6 to 1200 UAH.
Taxes for individual entrepreneurs
From January 1, taxes for individual entrepreneurs of the first and second groups will increase. So, for them, the minimum amount of ERUs (see below) and the single tax itself will increase:
for the first group: from 210.2 to 227 UAH (10% of the subsistence minimum for those able to work);
for the second group: from UAH 944.6 to UAH 1,200 (20% of the minimum wage).
Minimum ERU
Also, from 2021, the minimum rate of the single social contribution will increase in Ukraine. It is 22% of the minimum wage. Now it is 1,039 hryvnyas, and will be 1,320 hryvnias. This amount of social contribution is paid by Ukrainians with minimal incomes and individual entrepreneurs.
Real estate taxes
The rate is tied to the minimum wage. Moreover, you need to pay for the last year. In 2020, they paid for the last year with a maximum rate of 62.5 UAH per square meter, and in 2020 – 70.8 UAH (1.5% of the minimum wage).
You need to pay for each square that exceeds the “norm”, and it is 60 squares for apartments and 120 squares for houses. The collected money goes to local budgets, so they have the opportunity, if they wish, to reduce the tax rate or increase the “housing rate”. The tax is paid for each square that exceeds the “norm” of housing.
For example, in Kiev in 2021 for an apartment with an area of 80 square meters you will need to pay UAH 1,416.9 for 20 square meters. It should be borne in mind that the “norm” of 60 and 120 squares is set for one person. Let’s say there are three people in your family. If the real estate is designed so that everyone owns exactly 1/3 of the apartment, then the tax will have to be paid only for apartments with an area of 180 square or more (60 squares each). If the family consists of three people, but housing is registered only for one of them, then the norm will be three times less.
We will remind, earlier OBOZREVATEL wrote that individual entrepreneurs who have already retired by old age may no longer pay for themselves a unified social contribution (ERU).
Ukrainians have the right to return part of the income tax paid (personal income tax, 18% of salary). If last year a taxpayer paid for education (his or her child), paid interest on a mortgage, spent money on medical treatment, paid for insurance (including pension).
