Ukrainians are obliged to pay taxes for their apartments

Ukrainians have until July 1 to pay taxes on their real estate. This applies to owners of apartments with an area of 60 square meters or more and houses with an area of 120 square meters or more. This was reported by the State Tax Service.

The real estate tax rate is set by local governments depending on the type of property and its location as a percentage of the minimum wage established as of January 1 of the reporting year and may not exceed 1.5% per square meter.

Since in 2023 the tax is calculated for the reporting year 2022, the tax rate is calculated based on the minimum wage established as of January 1, 2022, which was UAH 6,700 (therefore, the maximum rate per square meter cannot exceed UAH 100.5).

In addition, if the taxpayer owns a residential real estate object (objects), including its share, the total area of which exceeds 300 square meters (for an apartment) and/or 500 square meters (for a house), the tax amount is increased by UAH 25,000 per year for each such residential real estate object (part thereof).

Author: Daria Skotchenko

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