Soon the Ukrainians will have to pay the estate tax: what and how much

Last year for every extra square Ukrainians were paying up to 3% of the minimum wage, this year the rate has reduced to 1.5%. The law is determined only by the maximum size of the tax, the city government has the right to set any rate from 0 to 1.5% of the minimal salary. The same situation is with the area you have to pay tax. For flats it should be not less than 60 squares, and for houses of 120 squares.

Bills will be coming up to the Ukrainians first of July this year. This year will have to pay tax for last year, and in 2017 for 2016. Therefore, wages will be counted as of last year. Then the minimum salary in Ukraine was UAH 1378. For example, in Kiev, the tax rate of 1%, with this tax you have to pay for the apartment with an area of 60 squares. If the family lives in an apartment of 100 square meters will have to pay 551,2 hryvnia tax. In the next year for the same apartment in connection with the increase in the minimum wage will have to pay 1280 UAH.

If the total area of the apartment (or apartments) – from 300 square metres house area of 500 square meters, in addition will have to pay a “luxury tax” – to 25 thousand hryvnia for each of these objects.

To pay for:

  • Residential house
  • The extension to the house
  • Apartment
  • A room in a communal apartment
  • A house in the country

For tax evasion are criminalized (article 212 of the CCU). According to this article, the maximum amount of the fine of 8500 UAH. Fiscal service claimed that the estate tax exists in all countries of Europe. By the way, last year by the decision of the local authority of 1% of the minimal salary from each meter were charged in Kiev, Lviv, Chernivtsi, Ternopil, Lutsk, Uzhgorod, Cherkasy, Khmelnytsky, Poltava, Kherson, Chernihiv and Mykolaiv. 2% – in Odessa, Dnepr, Kharkiv, Zaporizhia and Sumy.