Groysman and Poroshenko have prepared a springboard for tax terror – Kiev magazine
The increase in the minimum wage in Ukraine has resulted in potential problems for enterprises, writes the Kiev magazine “Focus”.
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"When the Groysman government increased the minimum wage to UAH 3200, it meant not only higher public sector salaries but also a new threshold for social contributions and fines for businesses. Specifically, from now on, a fine for paying wages in envelopes will cost a company ten minimum wages ( as stated in the text – ed. ) – UAH 320. For a small company, this effectively amounts to bankruptcy," the publication notes.
“Alas, the president and prime minister have prepared a springboard for tax terror,” Focus summarizes. – Instead of reforms, instead of the Tax Code, instead of improving the investment climate. How long this will last and how it will end is unknown. But it would be better if our authorities still had the instinct of self-preservation prevailing.”
English version :: Read in English: Groysman and Poroshenko have prepared a springboard for tax terror – Kyiv magazine