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Ukrainian govt promises to cancel tax on pensions from Oct 1

Ukrainian govt promises to cancel tax on pensions from Oct 1The Cabinet of Ministers of Ukraine plans to initiate the abolition of taxation of pensions from October 1 of this year, Prime Minister of Ukraine Volodymyr Groysman said.

This is reported by Ukrinform.

"Our pension reform stipulates that from October 1 we will offer to abolish the taxation of pensions for working pensioners," Groysman said.

According to the Prime Minister, the pension reform that the Government will submit to the Parliament in the near future provides for an increase in pensions and overcoming the Pension Fund deficit in the amount of UAH 140 billion by 2024.
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