Value added tax (VAT) refunds for January-May 2025 reached UAH 70.9 billion, which is 23.8%, or UAH 13.3 billion, more than in the same period of 2024, and 15% (UAH 9.3 billion) more than in 2023, the State Tax Service of Ukraine (STS) reported on Wednesday.
According to a statement on the agency’s Telegram channel, taxpayers were reimbursed UAH 15.5 billion in May 2025.
“This is 22.3% (+2.8 billion UAH) more than in May 2024. Compared to May 2023, the figure increased by 55.9% (+5.6 billion UAH),” the service emphasized.
As reported, on May 27, Kravchenko denied the growth of VAT refund arrears, as as of May 1, the figure reached UAH 30.4 billion. He explained that these funds are “in progress” as audits are being conducted.
