Since December 1 the size of the minimum salary increased

In a note the reminder to employers becomes that the minimum salary since December 1, 2006 makes 400 hryvnias a month and the changes connected with it are analyzed: 1) size of the minimum insurance fee; 2) the size of an insurance fee in the Pension fund for the persons receiving the help on the care of the child before achievement by him of three-year age; 3) size of an authorized capital of economic societies.

Since DECEMBER 1 the SIZE of MINIMUM WAGE INCREASED

Now the minimum wage makes 400 UAH. in a month (Art. 82 of the Law on the State budget for 2007).

In this regard we will remind employers: if the worker carries out monthly norm of work, the raboyotodatel has no right to pay to it a zarabotyony payment less than the established minimum razyomer. If monthly norm the worker not vypolnya­et, his work is paid in proportion to vypolyonenny volume of work.

Now about the changes connected with increase in a razyomer of minimum wage.

So, since December 1 of the current year changed:

1) size of the minimum insurance fee. In order that at calculation of an insurance experience for a pension nayochisleniye the fulfilled months were set off to the worker as full, follows monthly up­lachivat in the Pension fund contributions in the sum not meyony the minimum insurance fee (MSV).

The MSV size pays off by multiplication of a miniyomalny salary to the size of an insurance fee which is equal:

• 33,8 % (31,8 % + 2 %) – for the enterprises, not yavlya­yushhixsya payers of FSN;

• 8,46 % – for payers of FSN.

Thus, since December 1, 2006 the MSV size makes:

• for employees of the enterprises – payers of FSN of-33,84 UAH. (400 UAH. x 8,46 %);

• for employees of the enterprises which are not playotelshchik of FSN – 135,2 UAH. (400 UAH. x 33,8 %);

2) the size of an insurance fee in the Pension fund for the persons receiving the help on the care of rebenyoky before achievement by him of three-year age.

In 2006 this contribution is paid at a rate of 20 pro­centov the minimum insurance fee (item 8 Zakyolyuchitelnykh of provisions of the Law No. 1058). At an ischisyoleniye of the sum of this contribution the insurance fee making 31,8 % of the minimum zarabotyony payment is applied. It concerns all enterprises, including payers of FSN.

So, since December 1, 2006 for the persons receiving an ukayozanny grant, a contribution to the Pension fund uplachiva­etsya in the sum of 25,44 UAH. in a month (400 UAH. x 31,8 % x x 20 %);

3) size of an authorized capital of economic obyoshchestvo. The size of an authorized capital of such hozobshchestvo depends on the size of minimum wage: opened and closed joint stock companies, and also societies with a limited and additional otvetyostvennost (Art. 25 and 52 Laws No. 1576).

It follows from this that for these subjects a hozyaystvovayoniya created since December 1 of the current year, the size of an authorized capital should make not less:

• 40 000 UAH. (400 UAH. x 100) – for societies with ograyonichenny responsibility and societies with dopolniyotelny responsibility;

•  500 000 UAH. (400 UAH. x 1 250) – for open akyotsionerny societies and the closed joint-stock obyoshchestvo.

And in summary we will tell that the increase in a miniyomalny salary didn’t affect the size of a tax social concession: it depends only on the minimum salary established for January 1 of fiscal year (Law No. 889 subitem 6.1.1).

List of documents

1. The law on the State budget for 2006 – the Law of Ukraine from 20.12.05 of No. 3235-IV About the Government budget of Ukraine for 2006.

2. The law No. 889 – the Law of Ukraine from 22.05.03 of No. 889-IV About a tax on the income of individuals.

3. The law No. 1058 – the Law of Ukraine from 09.07.03 of No. 1058-IV About an obligatory state pension strakhoyovaniye.

4. The law No. 1576 – the Law of Ukraine from 19.09.91 of No. 1576-XII About economic societies.

(On Balans-Agro newspaper materials).