Govn’t approves order of calculation and payment of single social payment

From 1 January 2015, the rate of single social payment for microfirms, small businesses and farms was cut from 25% to 15%.

According to the resolutions, microfirms and small enterprises, except farms, will pay single social payment on set rate, but it should not be lower than 65% of minimal salary for each employee.

The farmers also pay single social payment on set rate, but the volume of paid tax should not be lower than 50% of minimal salary for each person.