In Vinnytsia oblast this year fixed single rate of taxation of pensions at the level of 15% for amounts of pension payments,exceeds 3 times the minimum wage (photo)

this was told during a press conference on January 27, the head of the main Department of Pension Fund of Ukraine in Vinnytsia region Elena Korchak. She explained that from 1 January 2016 the limit for taxation of pensions or monthly lifelong cash allowance changed. "Last year, taxed at 15 % had to be retired, the amount of which exceeded the three minimum wage (3654 USD). to the extent not reached 10 times the minimum wage. The tax base of 20% was applied, if the excess amount was more than 10 times the minimum wage (12180 UAH). This year, the fixed single rate of taxation of pensions at the level of 15% for amounts of pension payments, exceeds 4134 USD. (3 of the minimum wage as of 01.01.2016," said the official. Not subject to taxation of pensions assigned to the combatants during the Second world war, invalids of war and families of killed (deceased) war veterans. This was reported in the Vinnytsia regional state administration

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Source: http://uzinform.com.ua/

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