Real estate owners paid 61.3 million UAH of property tax in January 2022

Press service of the State Tax Service of Ukraine, published 10 February 2022 at 10:54 Chapter: News

Individuals paid 61.3 million UAH of the real estate tax other than land to local budgets in January 2022. This is almost 40% or 17.5 million UAH more than in the same period last year. Property owners transferred 43.8 million UAH in January 2021.

In total, the taxpayers paid 1.9 billion UAH of the real estate tax in 2021.

Reminder! Payers of the real estate tax other than land are individuals and legal entities, including non-residents, who own residential and non-residential real estate.

For residential real estate, the tax for individuals is calculated for exceeding area for apartments is 60 square meters, residential buildings – 120 square meters, various types of residential real estate, including their shares – 180 square meters.

Real estate tax rate is set by local governments depending on the type of objects and their location as a percentage of the minimum wage set for January 1 of the reporting year and may not exceed 1.5 percent per 1 square meter.

Since in 2022 the tax is accrued for the reporting year 2021, the tax rate is calculated based on the minimum wage set on 01.01.2021, which was 6000 UAH (the maximum rate per square meter cannot exceed 90.0 UAH (6 000 * 1.5%).

Tax notifications-decisions on payment of tax amounts calculated according to the Code and relevant payment requisites of local governments at the location of each of residential and / or non-residential real estate are sent to the taxpayer by July 1 of the year following base tax (reporting) period (year).

Tax liability is paid by individuals within 60 days from the date of delivery of tax notification-decision.

Information on the real estate tax other than land administration for individuals can be viewed at https://tax.gov.ua/nove-pro-podatki--novini-/552213.html.

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