To the attention of individuals-entrepreneurs – single tax payers of Groups I and II: single tax rates from 01.01.2022

Press service of the State Tax Service of Ukraine, published 10 January 2022 at 15:16 Chapter: News

Paragraph 293.1 Article 293 of the Tax code of Ukraine (hereinafter – TCU) stipulates that single tax rates for taxpayers of Group I are set as a percentage (fixed rates) to the subsistence level for able-bodied persons established by law on January 1 of the tax (reporting) year (hereinafter – subsistence level); for Group II – as a percentage (fixed rates) to the minimum salary established by law on January 1 of the tax (reporting) year (hereinafter – minimum wage).

Fixed rates of the single tax are set by village, settlement, city councils or councils of united territorial communities, created according to the law and the long-term plan for formation of community territories, for individuals – entrepreneurs involved in economic activities depending on the type of economic activity, per calendar month:

1) not more than 10 percent of the subsistence level for single tax payers of Group I;

2) not more than 20 percent of the minimum salary for single tax payers of Group II.

From 01.01.2022 pursuant to Articles 7 and 8 of the Law of Ukraine as of 02.12.2021 № 1928-IX “On the State Budget of Ukraine for 2022” there are established monthly amounts: subsistence level in the amount of 2481 UAH and salary – 6500 UAH.

As follows, the maximum monthly amount of the single tax in 2022 for individuals-entrepreneurs – single tax payers of Group I is 248.10 UAH; for single tax payers of Group II – 1.300.0 UAH.

It should be noted that according to Paragraph 293.4 Article 293 of the TCU, there is 15 percent single tax rate set for single tax payers of Groups I and II:

1) to amount of excess of income amount specified in Sub-paragraphs 1, 2 and 3 of Paragraph 291.4 Article 291 of the TCU;

2) to income received from carrying out activities not specified in register of single tax payers, referred to Group I or II;

3) to income received by applying calculation method other than that specified in this Chapter 1 Section XIV of the TCU;

4) to income received from implementation of activities that do not give right to apply the simplified taxation system;

5) to income received by payers of Groups I and II from carrying out activities that are not specified in Sub-paragraphs 1 or 2 of Paragraph 291.4 Article 291 of the TCU, respectively.

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