Publication date: 29.05.2024
lawyer, 23 years of experience in enforcement.
The assessment and payment of transport tax by an individual is an important aspect to consider.
Transport tax is a form of property tax levied by local authorities. This is a mandatory payment that individuals must make to the relevant budget. The rates of this tax are determined by the Tax Code of Ukraine and decisions of village, settlement, and city councils. Taxpayers are responsible for the administration and payment of this tax in accordance with the Tax Code of Ukraine.
The object of taxation is passenger cars manufactured during the last five years, the average market value of which exceeds 375 times the minimum wage established by law on January 1 of the tax year. From January 1, 2024, the minimum wage is set at 7,100 hryvnias, and the taxable threshold is 2,662.5 thousand hryvnias. The calculation of transport tax, like other property taxes, is carried out by the fiscal authorities themselves. They rely on information from the Ministry of Economy. By July 1 of the current year, tax officials send individuals a tax notice-decision at the address of registration indicating the payment amount and payment details. The calculation method is established by the Cabinet of Ministers of Ukraine under the terms of January 1 of the tax year.
In accordance with clause 267.6 of Art. 267 ch. XII of the Tax Code of Ukraine (hereinafter - Tax Code of Ukraine), namely paragraph 267.6.1 determination of the amount of transport tax for individuals is entrusted to the controlling body. The calculation is made at the tax address, which is the location of the taxpayer specified in the registration documents of the taxable entity.
By July 1 of the tax period specified in Clause 267.6 of the Code of Civil Procedure, the controlling body is obliged to send the tax payer a tax notice-decision indicating the amount of payment, a clarifying tax calculation and payment information. This process follows the guidelines set forth in Article 42 of the Civil Code.
Tax notices containing tax rulings must include specific details for each item, such as vehicle make, model, engine capacity (in cc), year of manufacture and applicable tax rate. This information is set out in the first paragraph of item 267.6.2 clause 267.6 of Art. 267 of the Civil Code and sent to the taxpayer.
After an individual becomes the owner of a taxable object, he is responsible for paying the corresponding tax starting from the month of acquisition. After receiving a notice of the transfer of ownership, the authority issues a tax notice-decision to the new owner.
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