Increase of the pension dues from entrepreneurs will preserve the simplified taxation system. The head of State Entrepreneurs’ Committee Olexandra Kuzhel announced during the briefing at the Cabinet of Ministers of Ukraine, according to governmnet portal.

Olexandra Kuzhel stressed the rate of single tax hadn’t changed last 11 years.

For now, according to her, certain political forces lobby the issues of introduction a general taxation system for the entrepreneurs. Though, Olexandra Kuzhel added, neither the Government nor the Prime Minister will support increase of tax pressure on entrepreneurs. “When an issue on increase of single tax was raised and on realizing what will be with this law in the Verkhovna Rada, I was trying to find ways to preserve the present simplified taxation system, together with the Government, in order to protect the people paying taxes themselves,” the head of State Committee for Entrepreneurship emphasized.

That’s why the Government suggested marginal increase of the pension due: “Those paying UAH 200 should pay additional UAH 108 to the Pension Fund”.

Moreover, the head of State Committee for Entrepreneurship explained this is done on demand of the IMF but these funds will not flow into the budget, this is “a personified system and people will pay dues for their own future”.

“The pension due is not a huge sum for the sake of preserving the simplified taxation system,” Olexandra Kuzhel stressed.


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