Terekhov calls for support for small and medium-sized businesses

Terekhov urges government to support small and medium-sized businesses in frontline areas

Head of the Association of Frontline Cities and Communities, Mayor of Kharkiv Igor Terekhov called on the government and parliament Develop a separate state policy to support small and medium-sized businesses, especially in the frontline areas.

«Supporting small and medium-sized businesses in frontline communities is not a concession or a privilege. This is a pragmatic government decision, without which it is impossible to preserve the economy, jobs and lives of people living close to the war,» Terekhov said.

He noted that the position of the more than 300 members of the Association is unequivocal: businesses should not be subject to additional tax pressure, in particular Introduction of VAT for individual entrepreneurs with a turnover of more than UAH 1 million is dangerous for the economy of frontline communities.

According to Terekhov, such measures could lead to shadowing of the economy, business closures and rising unemployment, It is small businesses that ensure the viability of communities in close proximity to the frontline.

Context.

Small and medium-sized enterprises in the frontline areas play a key role in maintaining economic stability and providing jobs.
Increased tax pressure in times of war can have a negative impact on the ability of communities to survive and recover from hostilities.