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Ukraine and the UK renew tax cooperation for the next three years

by Roman Cheplyk
Thursday, June 18, 2026
2 MIN
Ukraine and the UK renew tax cooperation for the next three years

The updated memorandum focuses on cryptoassets, data exchange, anti-evasion work and digital services

Ukraine and the United Kingdom have renewed their memorandum on tax cooperation, setting a three-year agenda for deeper work between the State Tax Service of Ukraine and HM Revenue and Customs. The document gives the partnership a more practical focus at a time when Ukraine is modernizing revenue administration under wartime pressure.

The updated priorities include regulation and taxation of cryptoassets, automatic exchange of tax information, stronger action against evasion schemes, reduction of the tax gap, higher trust in tax authorities and better internal communications.

Why British experience matters

For Ukraine, the British approach is valuable because it combines risk-based administration, digital services and behavioral tools for improving voluntary compliance. These areas are directly connected to the National Revenue Strategy through 2030, which aims to make tax collection more predictable without overloading honest taxpayers.

The cooperation also has a wider political context. It follows the long-term partnership framework between the two countries and supports Ukraine as it aligns fiscal institutions with European and international standards.

The practical result should be visible in better data exchange, clearer crypto rules, more targeted audits and improved digital services. For businesses, the key question is whether modernization will reduce uncertainty and make compliance easier, not merely add new reporting layers.

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