Business news from Ukraine

Business news from Ukraine

In 2024, 184 car models will be subject to vehicle tax of UAH 25 thousand in Ukraine

5 February , 2024  

In 2024, 184 models of such car brands as Aston Martin, Audi, Bentley, BMW, Cadillac, Jaguar, Land Rover, Lexus, Maserati, Mercedes-Benz, Porsche, Rivian, Tesla will be subject to a transport tax of UAH 25 thousand in Ukraine, Ukravtoprom said on its Telegram channel, citing a list published by the Ministry of Economy.
“Ukravtoprom reminds that the “luxury tax” applies to cars up to five years old and costing more than 375 minimum wages (currently the minimum wage is UAH 7100), which means that in 2024 it will be UAH 2 million 662.5 thousand and above.
According to the list, the most taxable car models are Mercedes-Benz – 66 (including 13 electric vehicles) and BMW – 48 (including five electric vehicles), followed by Land Rover – 17 models (in 2023 – 21).
There are 16 models of Porsche cars on the list, as opposed to 79 last year, when they were the leader in terms of the number of models on the list, and Toyota cars left the list of taxable “luxury” cars (in 2023, four Toyota Land Cruiser models were included).
At the same time, unlike last year, the list includes Aston Martin (16 models with gasoline engines), Audi (five models, including the RS e-tron GT electric car), Cadillac Escalade, two Maserati models, and Rivian R1T.
“Ukravtoprom also reminds that the tax must be paid: by individuals within 60 days after receiving the notification; by legal entities in advance quarterly installments by the 30th day of the month following the reporting quarter reflected in the annual tax return.
As reported, in 2023, 225 car models of nine brands (Porsche, Tesla, Toyota, Land Rover, Lexus, Bentley, Jaguar, BMW, Mercedes-Benz) worth from UAH 2.51 million were subject to the transport tax.

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