Economy
prospectsGovernment proposes limiting cash payments in 2015 to UAH 18,300-20,300
The Ukrainian government has proposed amendments to the Civil Code stipulating the limit of individuals' cash payments to enterprises during one day to 15 minimum wages.
The initiative is contained in government bill No. 1578, the text of which is available on the Verkhovna Rada's website.
"[We propose] setting the limit amount of cash payments between enterprises (entrepreneurs) during one day at 15 minimum wages, established by the law on the national budget of Ukraine for the relevant year; between individuals and enterprises (entrepreneurs) during one day – 15 minimum wages; between individuals under sale and purchase contracts, which are subject to notarization, at 15 minimum wages," reads the document.
Given the minimum wage stipulated by the government in the draft national budget for 2015 (from January 1 - UAH 1,218, from December 1 – UAH 1,378), this limit for 2015 will amount to UAH 18,270 and UAH 20,670 respectively.
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