Since December 1, Ukraine has increased the rate of the military levy on the income of individuals from the sale of movable property. Now instead of 1.5% you will have to pay 5%. The innovation, regulated by Article 173 of the Tax Code of Ukraine, concerns car owners and other citizens who sell vehicles and movable property.
According to the Main Service Center of the Ministry of Internal Affairs, the tax scheme for the sale of vehicles is as follows:
- Sale of the first car during the year — 0% tax.
- Selling a second car — 5% tax + 5% military duty.
- Sale of a third or more car — 18% tax + 5% military levy.
For other movable property, including buses, trucks, trailers, tractors and special equipment:
- During the sale of the first or second object of movable property — 5% tax + 5% military levy.
- During the sale of the third and subsequent objects — 18% tax + 5% military levy.
For the Ukrainian military, the military tax rate remained at 1.5%. Thus, benefits for the defenders of Ukraine have been preserved even in conditions of an increase in the general level of taxes.
On November 28, President Volodymyr Zelenskyi signed a draft law on raising taxes, which the Verkhovna Rada adopted on October 10. The law, which provides for an increase not only in the military levy, but also in other tax rates, entered into force on December 1.
