Vinnytsia region is one of the positive aspects of raising the minimum wage is the removal of wages from the shadows

a Lot of years of social standards in Ukraine rose very slowly and lagged behind actual inflation, which caused impoverishment of the population. This, in turn, have a negative effect on the economy through reducing consumer demand. To overcome the crisis phenomena in the economy, governments of leading countries was not reduced, but rather increased social spending in order to restore domestic demand. "In the Ukrainian realities of raising the minimum wage will have another positive effect is the elimination of the shadow wage as a result of reducing the Pension Fund deficit and the volume of its state support" - insists the first Deputy head of Vinnytsia regional state administration Andriy Gyzhko, - "Reviewing the draft budget for next year, I am confident that he will be balanced, so to enable the printing press to fulfil the obligations arising from the increase to 3200 UAH minimum wage, no one will". "actively discussing whether to increase the tax burden on single taxpayers after raising mini Malki. As to this answer: the size of the single tax rate for "uproschentsev" groups 1 and 2 linked to the minimum wage. That is, the doubling of the minimum wage they have to pay more. True, but it should be noted that, first, the current average salary in Ukraine reached 5 thousand UAH. That is, the salary increase of the minimal wage - the first step to the legalization of real wages. Second, after retirement, "simplified taxation" shall be paid the same pension as citizens who worked as employees. Consequently, payers must deduct PF as much as the citizens – employees" - said the official. This was reported in the Vinnytsia regional state administration

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

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