Groysman and Poroshenko have prepared a springboard for tax terror – Kiev magazine

Olga Kozachenko.  
14.01.2017 22:00
  (Moscow time), Kyiv
Views: 1402
 
Society, Ukraine, Economics of Collapse


The increase in the minimum wage in Ukraine has resulted in potential problems for enterprises, writes the Kiev magazine “Focus”.

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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 Groysman’s government increased the minimum wage to UAH 3200, this meant not only an increase in the salaries of public sector employees, but also a new threshold for calculating social contributions and fines for businesses. In particular, from now on a fine for wages in envelopes will cost the enterprise ten minimum wages (so in the text. – ed.) – 320 thousand UAH. If the company is small, this is actual 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.”

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