Media announce a new tax for car owners: how much will they have to pay
15 January 19:27
A new tax on car ownership in Ukraine will be introduced this year. This was reported by Komersant ukrainskyi with reference to TSN.
In 2025, a new tax will be introduced in Ukraine for owners of cars worth UAH 3 million or more. Under the new rules, such cars under 5 years old will be subject to an annual tax of 25 thousand hryvnias.
The initiative is aimed at increasing state budget revenues and creating a fairer tax system. The government also expects the innovation to reduce the number of luxury cars on the country’s roads. In addition, the tax is aimed at promoting environmental responsibility among citizens.
Only vehicles belonging to the luxury category will be subject to the tax.
The full list of cars subject to the tax will be published by the Ministry of Economy by February 1, 2025.
Owners must pay the tax within 60 days of receiving a notification from the tax authorities, but no later than July 1.