Ministry of Finance proposes to introduce a military tax on the income of individuals


More, Ukrainian politics, War in Donbas

The Ministry of Finance considers introducing  a military tax of 1,5% on the incomes earned by individual taxpayers.

This was stated at a briefing on Friday by the deputy Minister of Finance Volodymyr Matviychuk, reports “Ukrayinski Novyny.”

“We agreed with the Parliament members’ proposals regarding the possibility of introducing a special military salary tax of 1,5%,” he said.

According to the deputy Minister of Finance, the introduction of this tax will result in 2,9 billion UAH in revenue by the end of 2014, which will be spent on military and defence.

“We have got to direct these funds to the state budget fund at this difficult moment,” – Matviychuk said.

Among other plans to increase the army’s budget, he named the decrease of state officials’ salaries.


(Translated by Mariya Shcherbinina, edited by Anna Palagina)


Ukraine needs independent journalism. And we need you. Join our community on Patreon and help us better connect Ukraine to the world. We’ll use your contribution to attract new authors, upgrade our website, and optimize its SEO. For as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

Tags: , , ,