Minimum wage increase postponed

Earlier we reported that the Ukrainian parliament planned to issue new increases to the minimum wage in 2021 as follows: up to 6 000 UAH from 1.1.2021 and up to 6 500 UAH from 1.7.2021.  

Our readers also may remember that the minimum wage was increased to 5 000 UAH back in September this year.

Recently the Ukrainian Finance ministry announced that after the 1.1.2021 increase, the next one in July will be postponed until 1.12.2021. The cited reason for the postponing was to limit the increase in inflation due to the wage increases.

Recent Posts

Ukraine’s Tax Environment – Potential Changes in Future - Leinonen
July 31, 2025

Ukraine’s Tax Environment – Potential Changes in Future

Ukraine’s tax, accounting, and payroll ecosystem may see significant shifts in 2026 and beyond, driven by a need to stabilize the war-torn economy and align…

Continue reading
Organizations getting used to 2025 changes for Accounting, Tax, and Payroll - Leinonen
May 14, 2025

Organizations getting used to 2025 changes for Accounting, Tax, and Payroll

As of January 1, 2025, Ukraine has rolled out substantial tax reforms that significantly impact the accounting, tax, and payroll industries. These changes, introduced through…

Continue reading
Tax and Social Security Changes for Diia City Residents Starting in 2025 - Leinonen
January 15, 2025

Tax and Social Security Changes for Diia City Residents Starting in 2025

The Ukrainian legislature has clarified taxation rules and social security contributions (ESV) for Diia City residents effective from January 1, 2025. These updates specify when…

Continue reading