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168 million hryvnia of wage arrears paid off in Kyiv last year

Posted by the Editor on January 31, 2014


News / 31 January 2014 | 15:00

168 million hryvnia of wage arrears paid off in Kyiv last year

168 million hryvnia of wage arrears paid off in Kyiv last year

In 2013, over 168 million hryvnia of wage arrears were paid off in Kyiv, resulting in additional 38 million hryvnia of tax revenues in the budget, the press service of the Revenue Ministry reports.
In order to eliminate the causes creating preconditions for minimizing wages and reduction in revenue from income tax, specialists of the Revenue and Duties Ministry of Ukraine constantly work to prevent the decline in wages, payment of wages “in envelopes” and reductions in personal income tax payments to the budget.
Thus, during 2013, 32669 companies raised wages fund, whereby level of revenue from payments of individual income tax increased by more than 76 million.

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