TAX BENEFIT FOR SICK LEAVE: EVERYTHING YOU NEED TO KNOW
The Main Department of the State Tax Service in Zhytomyr region informs that in accordance with subpara. 169.1 of Art. 169 of Sec. IV of the Tax Code of Ukraine dated December 02, 2010 No. 2755-VI (hereinafter - the TCU), a taxpayer is entitled to reduce the amount of total monthly taxable income received from one employer in the form of wages by the amount of tax social benefits.
According to subpara. 14.1.48 of para. 14.1 of Article 14 of the TCU, wages are basic and additional wages, other incentive and compensation payments paid (provided) to a taxpayer in connection with employment relations in accordance with the law.
Taking into account that the amount of payments in connection with temporary disability (sick leave) is considered as the taxpayer's salary, if it does not exceed the maximum amount of total monthly taxable income from one employer in the form of salary, which is provided for in sub-clauses 169.4.1 of clause 169.4 of Article 169 of the TCU, the employee is entitled to a tax social benefit.
Source: https://zt.tax.gov.ua/media-ark/news-ark/799751.html
