Luxury tax in Ukraine: for which cars you have to pay and how much

From January 1, 2022, the procedure for calculating the transport tax, better known as the “luxury tax”, has changed in Ukraine.

This was reported by MMR with reference to the website of the Ministry of Economy.

According to the agency, the changes are related to the increase in the minimum wage in Ukraine, because the transport tax is tied to this value. Currently, this tax applies to vehicles worth 375 “minimum wages.”

As the minimum wage in Ukraine increased to UAH 6,500 from January 1, 2022, the procedure for accrual has changed. transport tax. Now it has to be paid by car owners who cost at least 2,437,500 hryvnias. Mandatory payment applies to cars under 5 years of age.

The amount of tax itself remained at the same level – 25,000 hryvnias. However, if you do not pay it within 60 days of receiving the notice, this amount will automatically increase by 10%, and after 90 days – by 20%.

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