Increase in Transport Tax in Ukraine

by Olha Povaliaieva
Thursday, January 13, 2022
1 MIN
Increase in Transport Tax in Ukraine

Car tax update in line with a bill from the Ministry of economy

The bill is at the stage of its adoption in the second reading. What criteria are in effect now:

  • The service life of the machine does not exceed 5 years;
  • The cost of the car is over 375 minimum wages.

Changes:

  • The service life of the machine does not exceed 5 years;
  • The cost of the car is more than 200 minimum wages (from 2022 it is 470 thousand dollars);
  • The tax is $ 902 and must be paid once a year.


The old norm was developed even before a series of increases in the minimum wage. Now it leads to the fact that the number of payers has decreased significantly.

Penalties. If such tax is not paid within 60 days, the amount will increase. If you pay for the first 90 days — plus 10% to the fine. After 90 days —20%. In addition, a car or other property can be seized (the so-called tax lien).

You can use the car as a pledge, but you won't be able to sell or donate it. The tax service has the right to pick up the car, sell it, receive payment from the amount received, and return the change to the car's former owner.

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