Home » News » New Tax Update Coming April 1: Changes to Single Social Contribution Revealed – cxid.info

New Tax Update Coming April 1: Changes to Single Social Contribution Revealed – cxid.info

Another change from April 1: what update will be introduced in four days • cxid.info

March 28, 2024 / Economy

April 2024 will be rich in changes, primarily economic. And one of the updates that will be available in four days is a change in the minimum amount of the single social contribution (USC).

Tax rates will increase

One of the main departments of the State Tax Service (STS) reminded payers that the amount of the single contribution depends on the “minimum wage”. And, as we previously reported, the minimum wage from April 1 will be 8 thousand hryvnia.

This will lead to the fact that in four days the amounts of the single social contribution will change:

  • the minimum will be 1,760 hryvnia per month (this is 22% of the “minimum” of 8 thousand hryvnia);
  • maximum – 26,400 UAH per month (22% of 15 minimum wages).

Tax officials remind that a single contribution for compulsory social insurance is a consolidated insurance premium in Ukraine, the collection of which is carried out in the system of compulsory state insurance without fail and on a regular basis.

#ESV #Taxes #Tax

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2024-03-29 21:26:36


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