Historic tax increase for Ukrainians vs tobacco industry preferences
From December 1! 2024! taxes for Ukrainians have been historically increased.
At the same time! prices for basic products increased several times! and most Ukrainians ProTVE budget began to save on food.
Ordinary workers will notice this clearly – instead of 1.5%! a 5% tax will be withheld from their salary.
Small businesses were also affected:
if earlier individual entrepreneurs on the simplified system did not pay industry email list military duty! now! depending on the group! each entrepreneur will pay military duty. Therefore! an additional impact on inflation is likely .
And this is at a time when business tax debts have increased by a quarter since the start of the full-scale war.
Alongside the adoption of such unpopular decisions that have affected virtually everyone! ProTVE budget one industry is openly benefiting .
The growing market of TWENs (sticks) can boldly receive a preference from the state – instead of the required 90 euros (per 1000 pcs.)! the tax is proposed to be reduced to the level of 73 euros (per 1000 pcs.). To this install a security app end! it is proposed to separate the successful uniform taxation of TWENs (sticks) on a par with cigarettes.
Under these conditions! this ” tax increase ” will be: 0.4 euros! 0.34 euros! 0.86 euros. And so on until 2028 .
It’s just a few cents
In particular! for companies that receive excess profits in the Russian Federation .
And the population of Ukraine! in addition to all thechallenges and suffering au emai list associated with the war! is facing an increasing tax burden.
The cost of such a benefit in the next few years will be about UAH 18.6 billion ! which the Ukrainian budget will not receive.
And when! in particular! this “growth” is presented as an increase! it is worth remembering the calculation of experts from the Center for Economic Strategy! which clearly demonstrates the real growth of excise taxes (blue line) on tobacco products in retrospect over a decade.