Accounting, Payroll, Tax & Legal since 1989

2018 Wage Indicators Approved

Minimum wage per month in 2018 is UAH 3723 (approx. EUR 115)

The minimum monthly living wage for able-bodied person:

· from 1 January 2017 – UAH 1762;

· from 1 July – UAH 1841;

· from 1 December – UAH 1921;

It is determined using the following figures that in 2018:

· the limit of income to obtain social tax benefits is UAH 2470;

· the tax social benefits (100%) will be up to UAH 881;

· the minimum rate of the Unified Social Insurance Contribution for employers will be UAH 819,06;

· the maximum wage imposed of the Unified Social Insurance Contribution is UAH 55 845;

These changes are effective from January 1, 2018.

06.02.18

Feb

Feb