Ukraine imposed taxes on pensions

On 1st of July in Ukraine enacted a law for the prevention of financial disaster. The state’s economical regime will hit the child’s benefits, large deposits and large pensions. If earlier the size of the child’s allowance depended on what account the child was born in the family, now there will be equal benefits - 41 428 UAH. (about $ 3400). Those who will have a second child born, will lose about $ 1,700, a third — $ 6600. Under the taxation of deposits will fall those contributors whose interests exceed $ 2000: with earnings of $ 2-22 thousand will have to pay the state 15%, $ 22-45 thousand — 20%, more than $ 45 thousand - 25%. The tax applies to current accounts and demand deposits. Exceptions are: the income from securities issued by the state and salary accounts. Depositors will have to indicate the interest in a tax return, but the banks upon the calculation of the deposit’s interest, will notify the tax authorities: when, how and to whom the funds were transferred to. The pensioner’s tax will be charged automatically, and they will immediately get the "cut" retirement. However, not all will fall under the blow, only those whose pension exceeds $ 840: those with a pension of $ 840 - 10,000 will have to pay 15%, and more than $ 10,000 — 17%.