The Ukraine State Tax Service has issued a release clarifying the application of the social tax benefit deduction for individuals in 2022. The monthly deduction from taxable employment (salary) income is equal to 50% of the minimum subsistence level for able-bodied persons, which has been set at UAH 2,481 from 1 January 2022, and may generally be claimed by individuals earning monthly employment income not exceeding 1.4 times this minimum subsistence level, rounded off to the nearest UAH 10. As such, the monthly social tax benefit deduction for 2022 is equal to UAH 1,240.50 (50% of UAH 2,481) for individuals...