More than 6.6 billion UAH of the land tax payment: revenues increased by almost 13% in January – February

Local budgets received more than 6.6 billion UAH of the land tax payment in January – February. Payers transferred 13% or 0.75 billion UAH more to development of their communities comparing to the corresponding period last year. Revenues amounted to 5.85 billion UAH in January – February 2024.

The biggest amount of land tax payment, namely ​​90% or almost 5.97 billion UAH was paid by legal entities. Compared to the corresponding period last year, this is 12.69% or 0.67 billion UAH more. 

Individuals replenished local coffers by 0.63 billion UAH, which is at level of the corresponding period last year.

Among the leaders in tax payment:

Dnipropetrovsk region – 1.16 billion UAH,

Kyiv – 1.01 billion UAH,

Lviv region – 461.61 million UAH.

Reminder! Land tax payment is obligatory payment as a part of the property tax. It includes land tax or rent for land plots of state and municipal property. 

According to norms of the Tax Code of Ukraine, land owners and land users pay land tax from the date of origin (state registration) of the ownership right or right to use land plot. 

In case of termination of ownership or right to use land plot, the land tax is paid for the actual period of ownership or use of land in the current year.

Read about peculiarities of accrual and paying land tax during the martial law at the link https://tax.gov.ua/en/new-about-taxes--news-/878698.html.