Tax credit: what expenses does it cover?

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In Ukraine, citizens can return part of the funds spent in the previous year using a tax rebate. The State Tax Service (STS) explained what expenses are included in the tax rebate and by what date the declaration must be submitted.

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How not to lose your right to a tax discount.

The State Tax Service explained that in order to take advantage of the right to a tax discount, you must submit a tax return on your property status and income before December 31, 2025 inclusive, in order to receive compensation for part of the funds from the budget.

" If the declaration is not submitted on time, the right to receive it is lost.. The main condition is official employment and payment of personal income tax,” the message says..

What expenses can you get a tax rebate for?.

Expenses that are included in the tax rebate:.

Payment for education - for yourself or family members of the first degree of kinship or a person over whom guardianship or trusteeship has been established, if the funds are paid to Ukrainian educational institutions.

Donations and charitable contributions - in the form of donations or charitable contributions to non-profit organizations, but not more than 4% of total income.

Payment for using a mortgage loan - part of the amount of interest for using the loan.

Insurance payments and pension contributions - under long-term life insurance contracts, non-state pension provision, under a pension contract with a non-state pension fund.

Expenses for assisted reproductive technologies - payment for assisted reproductive technologies, but not more than an amount equal to a third of income in the form of wages for the reporting tax year.

Payment for government services - the cost of government services related to the adoption of a child, including payment of state fees.

Costs for re-equipment of a vehicle - the amount of costs for re-equipment of a vehicle using mixed motor fuel, bioethanol, biodiesel, compressed or liquefied gas, and other types of biofuels.

Expenses for the construction (purchase) of affordable housing - the amount of expenses for paying the costs of construction (purchase) of affordable housing.

Housing rental costs - for internally displaced persons (under certain conditions).



Expenses for the acquisition of shares of the company "

The declaration must be accompanied by supporting documents depending on the type of expenses incurred..

How to submit a declaration.

The State Tax Service explained that the declaration can be submitted in the following ways:.

personally or by an authorized person to the State Tax Service at the place of registration;

by mail with acknowledgment of receipt and a list of the contents;

through the payer's Electronic Account.

Let us remind you who can apply for a social tax benefit in Ukraine.




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