Salary indexation. What you need to know about it

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Modern society is incredibly politicized. Even strangers in transport exchange remarks about who is right and who is to blame in the current situations. Everyone, considering himself wise, experienced and politically savvy, does not pay attention to one small, but incredibly important detail: talking about the high (that is, about politics) is a skillful maneuver to divert attention. Therefore, it is necessary to focus attention on really important things that directly affect every citizen. Especially when price increases for utility tariffs, services, and goods affect their purchasing power. In such cases, they only decrease. But the government, which really cares about its citizens, will try to equalize the growth rate of prices and wages by indexing income. To a certain extent, this allows you to compensate for travel. All the rules of such an important procedure for many sections of the population are prescribed in Order No. 1078, approved by the Cabinet of Ministers. Indexation is mandatory not only for state organizations, but also for all private enterprises. The difference is that state structures conduct it with budget money, and private individuals with their own. Moreover, deviation from it is punished by the controlling authorities. For each unregistered employee, a fine of 10 minimum wages per day of violation must be paid to the treasury.



The starting point for indexing is considered to be the month of tariff rate increase. All incomes received in national currency on the territory of Ukraine, which are not of a one-time nature, fall under it. Wages, pensions, stipends, compensation of a permanent nature, alimony, unemployment benefits, payments related to compensation for damage, as well as provision of policemen, customs officers and military personnel fall under this category. It is important that every employee's salary, regardless of its size, is subject to indexation within the subsistence minimum for able-bodied citizens (as of July 01.07.2019, 2007, the amount is UAH XNUMX). But there are exceptions. Income from running a farm or personal farm, as well as vacation pay, social benefits, one-time compensation for retirement, pregnancy and childbirth, and temporary unemployment benefits are not indexed.



Only at first glance it may seem that this is a simple process. But to correctly carry out indexing, you need to use assistants - electronic calculators and tables. 1C lessons also speed up the work process https://stimul.kiev.ua/, thanks to which all postings, accruals and salary payments are easy.

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If there are problems with time (and today this is a really invaluable resource), it is worth choosing 1C training online. Indexation not only allows you to compensate for travel, but also "hold" inflation. Such measures have a positive effect on the image of the government, because tension and mistrust of the government is relieved in society.