Methodology for accounting of imputed incomes on household assets for the purpose of allocation of social assistance in Ukraine (UKR)

In the developed countries, household income from the ownership of assets such as equipment, real estate, vehicles, financial assets (bank deposits, shares, etc.) is imputed for charging personal income tax and for granting social assistance. The issue of imputing income from assets is important because households can receive either monetary or in-kind income from asset use; assets can also be converted into cash, if necessary. The paper presents the major ideas for developing methodology of imputing income from assets for the purposes of social assistance granting in Ukraine.