Employers of Khmelnytskyi region have transferred 481 million UAH of the single social contribution to compulsory state social insurance since the beginning of 2020 – this is 58 million UAH more than in January 2019.
Herewith, the indicative benchmark has been fulfilled by 103.5%, which means that in addition to the indicative benchmark, 16.4 million UAH was allocated.
Main Directorate of the STS in Khmelnytskyi region pays employer’s attention to the fact that undeclared employment or payroll of wages below the statutory level deprives employees of social security benefits.
“Priority in activity of the Tax service of Khmelnytskyi region is a constant and systematic control over the observance of tax legislation upon the payroll of wages to employees and other citizens’ incomes in order to ensure the state completeness and timeliness of making pension and various social payments. After all, social guarantees of each employee depend directly on the tax discipline of his employer. Only legal workplace guarantees employee benefits in the case of accident and future retirement benefits” – emphasized acting Head of Main Directorate of the STS in Khmelnytskyi region Valerii Konovalchuk.
It should be reminded that the minimum contribution in 2020 is 1039.06 UAH. The SSC base rate is 22%. The single social contribution is paid quarterly, up to the 20th of the month following the reporting period or monthly in the form of advanced payment up to the 20th.