FOP-tile setter earns 40 thousand a month: how the tax system works

According to Мінфін: Mykhailo, a young tile setter, actively uses the internet and customer recommendations to find orders. Earning approximately 40 thousand UAH per month, he makes 120 thousand UAH per quarter and 480 thousand UAH per year.

To officially work with clients and construction companies, Mykhailo registered as a FOP of the 3rd group. Every quarter he submits a tax declaration through the 'Dii'a app and pays the corresponding taxes.

'If I do not declare my income, the military will not have sufficient support, doctors will not be able to provide medical assistance, and public social insurance funds will not be filled. Taxes protect. Help with your contribution!'

Mykhailo, a tile setter, actively works, taking advantage of online opportunities, and understands the importance of timely tax payments for the future development of the country.