Regarding the tax on immovable property other than land plot

Press service of the State Tax Service of Ukraine, published 23 July 2024 at 08:53 Chapter: News

Territorial bodies of the State Tax Service (as of 01.07.2024) have issued more than 3.2 million tax notifications-decisions on the tax on immovable property other than land plot in the amount of 6.6 billion UAH.

According to results of conducted work 1.6 billion UAH of tax on immovable property other than land plot was received by local budgets as of 01.07.2024.

Payers of tax on immovable property other than a land plot are individuals and legal entities, including non-residents, who are owners of residential and non-residential real estate objects.

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

Taxation base is total area of residential and non-residential real estate object, including its shares.

Tax rates for residential and/or non-residential real estate owned by individuals and legal entities are established by decision of village, settlement, city council depending on the location (zoning) and types of such real estate objects in amount not exceeding 1.5 percent of amount of the minimum salary established by the law on January 1 of reporting (tax) year, per 1 square meter of taxation base.

Since in 2024 tax is calculated for reporting year 2023, tax rate is calculated based on the minimum salary established on 01.01.2023, which was 6700 UAH (maximum rate per square meter cannot exceed 100.5 UAH ( 6700 * 1.5 percent).

For example, in 2023, individual owned apartment with the total area of ​​65 square meters. Tax amount is calculated by reducing the total area of ​​ apartment by 60 square meters and multiplying by tax rate, which is 1.5 percent of the minimum salary (100.5 UAH per square meter).

Calculation of tax amount:

(65-60) * 100.5 = 502.5 UAH.

For reference. If the taxpayer owns residential real estate object (objects), including its share, total area of ​​which exceeds 300 square meters (for apartment) and/or 500 square meters (for a house), tax amount is increased by 25000 UAH per year for each such object of residential real estate (its share).

Tax notifications-decisions on payment of tax amounts calculated according to provisions of the Tax Code of Ukraine and relevant payment requisites, in particular, of local self-government bodies at the location of each residential and/or non-residential real estate objects, are sent to the taxpayer by July 1 of year that occurs after the basic tax (reporting) period (year).

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

Also, taxpayers of immovable property other than land plot have a right to apply in writing form to the controlling authority at their tax address for reconciliation of data regarding:

objects of residential and/or non-residential real estate, including their shares, owned by the taxpayer;

size of the total area of ​​residential and/or non-residential real estate owned by the taxpayer;

right to use tax benefit;

amount of tax rate;

accrued amount of tax.

In case of discrepancies between data of the controlling authorities and data confirmed by the taxpayer on the basis of originals of relevant documents, in particular, ownership documents, the controlling authority recalculates tax amount at the taxpayer's tax address and sends (hands over) new tax notification-decision. Previous tax notification-decision is considered canceled (withdrawn).