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Yatseniuk: Gov't suggests certain steps to legalize wages and reduce tax burden on wage

23.12.2014 12:03 "Agro Perspectiva" (Kyiv) — A package of tax, fiscal and social laws, which the Government plans to submit to the Verkhovna Rada, contains certain steps called to legalize wages and reduce the tax burden on wages, Government Portal reports quoting the Ukrainian Prime Minister Arseniy Yatseniuk as saying at the Government meeting on Monday, December 22. As to Yatseniuk, the discussions with the Parliament’s members concern the terms of these steps. «We offer to do it within 3 years. In 2015 the rate of a single social tax - 25%, in 2016 - 20%, in 2017 - 15%. We wanted to fix 15% at once, but there is a little problem - we won’t have the funds to pay the pensions,» the PM said. «We believe the business is getting deshadowed, we reduce the tax rates. And we obtain, respectively, higher incomes as the salaries aren’t paid in envelopes,» he stressed. «The more wages are legalized, the less taxes the state will impose upon such wages,» Yatseniuk explained. Moreover, the PM informed that the Cabinet of Ministers offered to cut the number of taxes from 22 to 9. Besides, he said the Government commences the second deregulation stage, «At the first stage we have already halved the number of agencies that perform control functions and the number of functions, under which entrepreneurs are inspected. Now, at the second stage we additionally cancel 15 licenses, 3 permissions and 18 regulatory tools». As to Yatseniuk, the Government has also suggested a package of optimization of social benefits. «A basic principle has been adopted: those who need help, who are poor, receive it. And the one who earns dozens thousands of hryvnias and at this uses a discounted price for gas, electricity, housing and utilities, should not empty the pockets of the poor,» the PM stressed.

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