OREANDA-NEWS. March 15, 2012. Prime Minister Mykola Azarov stresses the need to reduce the tax burden on the payroll total and wages legalization. This was declared by Prime Minister Mykola Azarov during a meeting with heads of representative offices of foreign companies operating in Ukraine.

"Now it comes about reducing of charges toward the payroll total - it is really for us a serious problem relating primarily with the Pension Fund deficit. But nevertheless, we will find the solution and will gradually reduce the load on the payroll total. We need to legalize salaries. Which way will we be able to do it? Only one way - we need to make so that the entrepreneur have be profitable to pay wages legally," Mykola Azarov underlined.

Same time the PM stressed within two years in Ukraine there have been reduced the amount of taxes 2 times. Also it have been reduced the rates of operating taxes, for example, the income tax this year is valid at a rate of 21%, from the next year it will be reduced the VAT rate.