Anti-crisis changes in taxes and reduction of social security in Ukraine in 2014
Journal: Herald of the Economic Sciences of Ukraine (Vol.26, No. 2)Publication Date: 2014-09-01
Authors : Tkachenko N.M.;
Page : 154-159
Keywords : tax rates; tax code changes; income; expenses; deposits; base; tax; fee; excise tax; pension and financial costs;
Abstract
The changes in the tax system because of the financial crisis and disaster in Ukraine in 2014, and reduced social security. Cancelled discount income tax. From 1 July 2014 will be taxed interest income; established progressive scale of tax rates on income from interest on deposits have been changes to the personal income tax; canceled off the basic rate of VAT; has been a change of a single social contribution; increased rates of excise duty; set new rates of land; there was an adjustment of income, pension payments suspended.
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