Lutsk LIGHTS about the size of a pension is taxable
Experts Lutsk LIGHTS of the Main Directorate of DFS in Volyn region reported that, according to the provisions of the Tax code of Ukraine (PP.164.2.19 p. 164.2, article 164 of the TCU) to the total monthly (annual) taxable income of the taxpayer shall include the amount of pensions (including the amount of indexation accrued under the act) or a monthly lifetime allowance received by the taxpayer from the Pension Fund of Ukraine or the budget according to the law, if their size exceeds ten sizes of subsistence minimum for persons incapacitated (per month), established on 1 January of the tax year - in part for such excess, as well as pensions from foreign sources, if under international treaties, consent to be bound by the Verkhovna Rada of Ukraine, such pensions shall be taxable or not taxable in the country of their payment. However, the provisions of this subparagraph shall not apply to pensions awarded to combatants, war invalids and persons subject to the provisions of article 10 of the law of Ukraine "On status of war veterans, guarantees of their social protection". Article 7 of the Law of Ukraine "On State budget of Ukraine for 2017" provides that from January 1, 2017 for persons who are incapacitated, the living wage is 1247 USD. Thus, considering the above, the pensions, the size of which exceeds UAH 12470 subject to taxation by the tax to incomes of physical persons at the rate of 18% and military duties at the rate of 1.5% of such excess. For example, the pension 12800 UAH. The amount of the tax to incomes of physical persons is 59,40 UAH. ((12800 – 12470) =330,0 x 18%). The amount of military training is 4,95 UAH. ((12800 – 12470) =330,0 x 1.5%). The amount of pension payable is 12735,65 UAH. (12800 – 59,4 – 4,95). The Department of the Lutsk LIGHTS This was reported in Lutsk city CouncilÏåðåâåäåíî ñåðâèñîì "ßíäåêñ.Ïåðåâîä÷èê": translate.yandex.ru.
Source: http://uzinform.com.ua/
