Main Directorate of the STS in Khmelnytskyi region reported that local budgets of Khmelnytskyi region have received 85.1 million UAH of the real estate tax since the beginning of 2020. This is more than 11 million UAH more than during the same period in 2019.
The indicative figure for the real estate tax revenues has been fulfilled by 123%, ie in monetary terms the communities’ budgets received almost 16 million UAH.
Particularly, legal entities paid more than 47 million UAH, individuals – real estate owners transferred almost 37.8 million UAH of this tax.
Reminder! Taxpayers of the real estate other than land tax are individuals and legal entities, including non-residents who own residential or non-residential real estate. Tax is charged on the total area of residential and non-residential real estate, including its shares.
Herewith, the preferential size of property for individuals, which is not subject to the tax rate, is for an apartment or several apartments, regardless of their number is 60 square meters; for residential building / houses, regardless of their number is 120 square meters;
for different types of residential real estate, including its shares (in the case of simultaneous ownership of the taxpayer’s apartment / apartments and residential building / houses, including their shares) is 180 square meters.
At the same time, tax benefits in the form of non-taxable square meters (60, 120 and 180) for individuals are not applicable: to taxable objects used by their owners to generate income (rent, lease, lent used in business activities); to taxable objects, if their total area exceeds 300 square meters (for an apartment, apartments), 600 square meters (for the house / houses), 900 square meters (for different types of housing).
Tax rates are set by local self-governments.
It should also be noted that according to the Tax Code of Ukraine, if the taxpayer owns an object (objects) of residential real estate owned by a natural or legal person-taxpayer, the total area of which exceeds 300 square meters (for an apartment) and / or 500 square meters (for the house), the amount of tax increases by 25 thousand UAH per year for each such residential property.