Financial News and Economical Crisis

Government plans to introduce incentives for new categories of taxpayers. On Wednesday the bill was published, which proposed to exempt from taxation of citizens who have been reduced, but not on account of civil service employment, but instead registered as private entrepreneurs. The rest of the private entrepreneurs for any benefits will not occur.

Government offers citizens have lost their jobs due to downsizing or reorganization of the company, not to be registered at the center of employment, a registered private entrepreneurs. This is described in the bill On Certain Measures of State Support in the field of employment, published by the Ministry of Economy website late on Tuesday. The draft law stipulates that laid-off citizens of Ukraine who became entrepreneurs, will be exempt from taxes for a period from the date of entry into force of the document until 31 December 2011.

Under the bill, exempt from taxation would be able to private entrepreneurs, engaged in the production of goods and retailing, with the proviso that they must not produce or sell excisable products. Traders should also have more than 20 square meters. m of sales area and must not use the work of employees. Premium payments to the joint system of compulsory pension insurance, such businesses will perform in general terms.

In the Ministry of Economy

project called the mechanism of protection of the working population unemployed. The explanatory note to the document states that such a move would not only create jobs, reduce social tension in society, but also reduce the amount of social benefits for unemployment.

initiative has not yet been agreed upon with the State Committee on Entrepreneurship and Regulatory Policy. However, the committee did not support the proposal. The sponsors of the bill are invited to share in the business of those who recently registered and is entitled to benefits, and those who work long and has no such rights. This is unconstitutional! But if exempt from tax all private entrepreneurs, the form local budgets, - commented on the document head office of Alexander Kuzhel. First and foremost, such a rule would create unequal conditions in the market, severely struck on the already running businesses, - noted the Project Manager IFC Enterprise Development in Ukraine Sanjar Ibragimov.

The Ministry of Economy with the critics do not agree. There is no discrimination there - a single tax paid by entrepreneurs who have the right to recruit staff to 10 people. And our initiative refers only to self-citizens, - noted in the Department of Regulatory Policy Ministry.In consideration of the Cabinet a bill may be imposed in a month.

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