The Verkhovna Rada of Ukraine adopted in the first reading draft law No. 11416d, which provides for a significant increase in taxes by 58 billion hryvnias by the end of this year and another 137 billion by 2024. This was reported by the People's Deputy Yaroslav Zheleznyak.
241 deputies supported raising taxes in Ukraine.
Bill involves several important changes in the tax system of Ukraine:
- increase in military levy from 1,5% to 5%
- tax increase for the 1st and 2nd groups of FOP
- advance payments at gas stations
- 1% for all forms of FOP of the 3rd group
- 25% of profit to financial institutions
monthly VAT reporting (for economy booking) - 50% tax on bank profits in 2024.
According to the people's deputy, although the draft law was supported in the first reading, it is expected that its final adoption will take place in mid-October after the second reading. However, the new tax changes will take effect "retroactively," meaning from October 1, 2024, even if the law is passed later.
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