Updated at 13:45,15-04-2024

IT industry benefits may be cut 'to pay out family capital'

Euroradio

Tax for park residents will increase to 10%, and contributions to the social security fund will double.

Benefits for residents of High Technologies Park may be cut. This change is provided by the draft presidential decree: contributions to the social security fund will double, and the tax will go up to 10%. Currently,benefits holders now pay tax at 13%.

Euroradio learnt it from the the Ministry of Finance spokesperson Iryna Komar.

Iryna Komar: This is done to implement the presidential decree which provides for the payment of family capital to large families.


At the same time, residents of High Technologies Park will still have their benefits: smaller tax payments and smaller contributions to the Social Security Fund.

On January 1, tax for all the non-holders of benefits increased by 1%. So did the contribution to the social security fund.