It is realistic to pay less taxes under the current legislation. Every citizen can legally reduce amount of tax deductions or receive a part of the previously paid taxes from the state. One way to get a reimbursement is through a tax rebate. Main Directorate of the STS in Luhansk region reported how many residents of Luhansk region used right to obtain a tax rebate and what needs to be done to get it.
As of the 1st of November 2020, the number of 1.4 thousand property and income tax declarations for 2019 was submitted to obtain a tax rebate. Declared amount for reimbursement is 2.9 million UAH.
The biggest part of declarations was submitted by taxpayers in order to obtain a tax rebate for education (94% of the total number of declarations). Then – the cost of insurance payments and pension contributions (5%); interest paid on a mortgage loan (1%).
In 2019 (for the reporting year 2018), a total number of 1.4 thousand property and income tax declarations was submitted by citizens in order to obtain a tax rebate. Declared amount for reimbursement was 2.4 million UAH.
