The Verkhovna Rada adopted the law “On Amendments to the Tax Code of Ukraine and Certain Legislative Acts to Ensure Balanced Budget Revenues” (№5600), which is also called “resource” .
255 people’s deputies voted for the decision.
Ukraine , Ukraingate , 30 , November , 2021 | Ukraine news
Changes in tax legislation
The document introduces a minimum tax liability for land. On average, you will have to pay 1.4 thousand hryvnias per hectare of land per year. At the same time, the document reduces from 2 ha to 0.5 ha the minimum land area of the farm, which allows the transition to a simplified system of taxation.
There is also an 18% tax on income from the sale of own agricultural products in excess of 12 times the minimum wage (6,500 hryvnias).
The law excludes taxpayers of the 4th group from the single tax payers, whose main activity is poultry breeding (except for chickens).
In addition, a tax on the income from the sale of the second property during the year is introduced – a rate of 5%, and the third and subsequent – will be taxed at a rate of 18%. The rates of environmental tax, rent for subsoil use and rates of excise tax on cigarette alcohol are also increasing.
Restrictions are set on the right of the head of the legal entity – the debtor to go abroad.
If the document is signed by the President of Ukraine, the changes will take effect on January 1, 2022.
Source: Ukrgate
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