During January – August 2020, Carpathian property owners paid 11 million UAH of the real estate other than land tax more than during the same period in 2019. Tax revenues in 2020 have already amounted 86.7 million UAH.
Reminder! The real estate other than land tax is paid by individuals and legal entities that own residential and non-residential real estate. Legal entities independently determine amount of payable tax in the declaration and pay it for 2020. Individuals are charged by the tax authorities by handing them tax notifications-decisions. In 2020, citizens paid real estate tax for objects that were in possession in 2019.
Not all individuals are obliged to pay the real estate tax but only those who own an apartment, apartments with a living area of more than 60 square meters and a house with an area of more than 120 square meters. In the case of various types of real estate, the tax is paid for an area exceeding 180 square meters, ie the tax is charged only on the “extra” square meters. In addition, the calculated amount of real estate tax increases by 25 thousand UAH for each non-residential property, the total area of which exceeds 300 square meters for an apartment or 500 square meters for a house.
Please note that if the taxpayer has not paid the real estate other than land tax within 60 days from the date of receiving tax notification-decision, such taxpayer will be fined in the following amounts:
5% of the repaid amount of the tax debt – in case of delay up to 30 calendar days inclusively, following the last day of the payment term;
10% - in case of delay more than 30 calendar days.
