Individual entrepreneurs (PEPs) will once again be required to pay a single social contribution (USC) starting in 2025. This payment was optional from the start of the war in February 2022. About this it is said in the explanatory note to the draft budget for 2025 (project No. 12000).
The document states that in order to fulfill the provisions of the Budget Declaration for 2025-2027 and to ensure additional filling of the budgets of social and pension funds, the restoration of the mandatory payment of the social security tax for self-employed persons working under the simplified taxation system, for persons engaged in independent professional activities, and for members of farms.
Today, the minimum amount of social security is 1,760 hryvnias per month (22% of the minimum wage of 8,000 hryvnias). The maximum amount of the contribution is 26,400 hryvnias per month (22% of 15 minimum wages).
At the same time, according to the draft law, an increase in the maximum base for calculation of social security benefits is expected from 15 to 20 minimum wages. This means that the maximum contribution can increase to 35,200 hryvnias per month.
The Cabinet of Ministers also noted that in the 2025 budget, social standards, in particular the minimum wage and living wage, will remain at the level of December 2024.
