The abolition of the third group of taxpayers using simplified taxation scheme proposed by lawmakers would result in the reduction of the pace of IT industry growth and the large outflow of IT specialists from the country, the IT Ukraine association has said on its website. “Along with the “active users” of the third group listed in the text of the bill, representatives of creative industries also use the simplified taxation scheme in this group… These are areas like advertising, architecture, design and fashion, visual and audio content production and information technologies. It is the latter area that is developing most dynamically in Ukraine today, and it is for it that the consequences that may come after the enactment of the bill will be extremely negative,” the association said.
The abolition of the third group of taxpayers using simplified taxation scheme will lead to a significant reduction in the pace of the financial growth of the industry and a reduction in the volume of currency income, IT Ukraine said.
According to IT Ukraine, if the fiscal policy is changed, the industry will be facing a significant slowdown in growth, and the state will fall short of billions of U.S. dollars in the country’s economy. According to the association, the initiative proposed by the lawmakers will result in a reduction in the number of jobs in the industry and an outflow of specialists from the country.
“The opportunity to work with specialists on the model of the third group allows the industry to create new jobs (this year it is planned to increase them by 20-25%) and provides sustainable development of the industry,” the association said.
The association also said that, looking to the current fiscal policy of neighbor states with a mature economy, Ukraine risks losing its last advantages, which hinder the outflow of high-quality specialists to more developed countries. The IT Ukraine association was established in April 2004 by Miratech, SoftLine, Mirasoft, ProFIX, Ukrsoft and SoftServe.
