The National Tax Inspectorate in Holosiiv district explains that starting 2015, the employers, who accrue wages the employees earned in a month that the payroll accrual is done, at the main place of employment, and in the amount that does not exceed the minimum wage set out in the regulations, are liable to pay the minimum social security benefits instead of their employees.
Under the general tax system, both private employers and persons carrying out independent professional activity, who have not obtained profit (income) in the accounting year or a particular month of the accounting year, have the right, if necessary, to independently determine the accrual base.
Please note that the responsibility of taxpayers for breaching the requirements set out in the legislation covering social security benefits has been toughened:
а) the penalty charged for non-payment (non-transfer) or untimely payment (untimely transfer) of the uniform social security benefits has been increased from 10 up to 20 percent of amounts not paid in time;
b) the penalty for extra charges on the uniform social security benefits, not done in time, afterwards calculated by a fiscal body or taxpayer, has been increased from 5 to 10 percent for each full or not full accounting period;
c) the responsibility of insurers for violation of the reporting procedure has been defined. Thus, the penalty imposed for failure to submit, for untimely reporting, for failure to submit the forms as prescribed, amounts to 10 untaxed minimum earnings for every breach. In case of repeated violation committed by a taxpayer, who has been imposed similar penalty during a year, this fine amount will make up 60 untaxed minimum earnings for each failure to submit reports.
Moreover, respective changes have been entered to the Code of Administrative Offences.