Wages of Ukrainians may decrease due to tax increases - nardepka

People's deputy of Ukraine and member of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Halyna Vasylchenko warned that Ukrainians may face a decrease in their salaries starting next year. The reason for this, according to her, is the draft law on raising taxes, which is currently awaiting the President's signature.

on the air of the KYIV24 that this bill provides for an increase in the military levy from 1.5% to 5%. Thus, employees will be forced to pay a larger share of their wages to the state budget, which may lead to a decrease in their net income.

"In fact, the salaries of the majority, on the contrary, will decrease if the draft law on tax increases is signed. We remember that it foresees an increase in the military levy to 5%, and this 3.5% more will have to be given to the state budget from their salaries," Vasylchenko stressed.

The People's Deputy also reminded that more than 15 days ago, the draft law was signed by the Chairman of the Verkhovna Rada, Ruslan Stefanchuk, and submitted to the Office of the President for consideration. Although she opposed this bill and considers it unfair, the majority in the session hall supported the document.

"The president must sign it. I did not support this bill and consider it unfair, but, nevertheless, it was unfortunately supported by the majority in the session hall. Therefore, if we talk about wages, on the contrary, they are expected to decrease," Vasylchenko added.

This initiative is causing concern among workers in both the public and private sectors, because the increase in the tax burden may reduce real wages, which will lead to a decrease in the purchasing power of citizens.

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