Ukrainians who own property must pay tax on apartments and houses by September 1. However, this obligation applies only to those owners whose apartment area exceeds 60 square meters and whose house area exceeds 120 square meters.
This is reported by Finway
Amount of Penalty and Calculation Rules
In case of non-payment of property tax, financial sanctions are imposed. If the delay in payment is up to 30 calendar days inclusive, the penalty is up to 5% of the tax amount. If the delay exceeds 30 days, the penalty increases to 10%.
“Self-calculation and payment of penalties for delays in fulfilling monetary obligations by taxpayers is not provided for by the Tax Code,” the service notes.
Property owners who have not received a tax assessment receipt may temporarily refrain from paying it. However, tax obligations may be assessed within 1095 days (three years), so in the future, they will have to pay tax for the previous year, including any applicable penalties.
Maximum Rates and Local Authority Decisions
Local councils have the right to adjust not only the tax rate but also the norm regarding the area of property subject to taxation. However, according to the Tax Code, tax is not levied on apartments up to 60 square meters and houses up to 120 square meters. For each square meter exceeding this norm, the maximum rate cannot exceed 1.5% of the minimum wage.
In 2025, property tax will be paid for the year 2024. As of January 1, 2024, the minimum wage was 7100 UAH, thus the maximum rate is 106.5 UAH for each “extra” square meter.
For example, if your apartment area is 100 square meters, you will have to pay tax for 40 square meters over the established norm. The maximum amount could be 4260 UAH, but the final sum depends on the local authority’s decision regarding the rate size.
No property tax needs to be paid for property located in combat zones or temporarily occupied territories. A citizen must pay the tax within two months after receiving a notification of the property tax assessment.