The deadline for payment of real estate tax ends: what will happen to the Ukrainians, who have overdue bills

If you pay bills in September, will have to pay a penalty of 10% of tax if, in October – the amount of the penalty reaches 20%. In addition, the tax inspector may impose a debt on the part of the property tax lien. If the tax is not paid for a long period of time the property is sold by court order.

If the tax is not paid for a long period of time the property is sold by court order. In addition, for tax evasion are criminalized (article 212 of the CCU). The tax rate tied to the minimum wage. Given that at the beginning of this year, the minimum salary in Ukraine increased twice – from 1600 to 3200 hryvnia, in proportion to the increase and the estate tax. The sharp rise in Ukrainians will feel next year when you have to pay the tax for 2017.

For example, if it is at the rate of tax to 1% for the “extra” 60 squares need to pay 826,8 of the hryvnia in the next year this area will have to pay for 1920 hryvnia. According to the budget resolution, in 2018, the minimum wage could rise to 3723 hryvnia, 2019 – 4173 hryvnia, 2020 – 4425 UAH. This means that for 2018, the year the tax on real estate for this apartment can make 2233 hryvnia, and for 2019 – 2503 of the hryvnia. In addition, owners of large homes (over 300 square metres for apartments and 500 houses) will have to pay 25 thousand hryvnia. For example, the owner of the apartment with an area of 310 square meters in Kyiv before July 1 must come to payment system 28 thousand hryvnias.

We will remind, the Tax code defines the maximum bid and the minimum area that is considered “extra”. Thus, tax cannot be charged for apartments with an area less than 60 squares and houses up to 120 square meters. If there is a house and apartment, then the minimum area, after which you can pay the property tax – 180 square meters. The maximum rate is 1.5% of the minimum wage as at the end of last year. Tax on real estate Supplement local budgets. City councils can make their own decisions, to charge a tax on apartments with an area of more than 60, or, for example, 70 squares. Also the local Council may, instead of 1.5% of the minimal salary to charge, for example, of 0.7%.

What other taxes to pay Ukrainians this year, you can read here.

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