The increase of the minimal wage will not affect the calculation of subsidies – Minister of social policy
The increase of the minimal wage will not affect the calculation of subsidies – Minister of social policy
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At least two heating seasons, the subsidy will be calculated “the old way”.
The increase in the minimum wage up to 3200 UAH, which the government has planned on January 1, 2017, will not affect the calculation of subsidies at least two heating seasons.
About it on a talk show, “the Right to Vlad,” said Minister of social policy of Ukraine Andriy Reva.
“When calculating the subsidies for the heating season 2016/2017 we took incomes for 2015. Thus, raising the minimum wage will not affect the calculation of subsidy that individuals receive from October 1, 2016”, – he said.
According to Reva, the following year, when calculating for the heating season 2017/2018 according to the current law will be taken to income for the year 2016. Thus, if the legislation does not change, the increase of the minimal wage will be counted only in the season 2018/2019.
Read also: Increase of the minimal wage may lead to reduction of subsidies and inflation – experts
Recall, the Prime Minister of Ukraine Vladimir Groisman made a sensational statement – the minimum wage in Ukraine from 1 January 2017 will be doubled. His statement strongly supported President Poroshenko. However, economic experts fear that the increase of the minimal wage will entail increasing the tax burden on employers, and as a consequence, staff reduction and more shadow wages. In addition, the forecast inflation and the removal of subsidies for many citizens.
The increase of the minimal wage will not affect the calculation of subsidies in the next year – the Roar
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Today, 00:40
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The Minister of social policy Andrei Reva says if the legislation does not change, raising the minimum wage to RS 3200 will not affect the calculation of subsidies in this heating season or the next. However, in 2018-19 will be taken into account.