The cost of fuel at gas stations: Ukrainian motorists are waiting for a "

30 April 2023, 14:17 | Economy
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After the start of a full-scale Russian war in Ukraine, VAT rates on fuel in Ukraine were reduced from 20% to 7%. It is envisaged that the VAT rate will return to 20% from July. This will hit the fuel market hard, and is also fraught with an increase in fuel prices at gas stations, says Sergey Kuyun, director of the A-95 Consulting Group..

" Instead, we propose an increase in excises - let them be higher, and let VAT be at the level of 10%,"

According to him, the state as a whole collects excise duty much better than VAT..

With a return to 20% tax, there is a big risk that the business will go back into the shadows..

" At the same time, the losses of the state were not proportional. It cannot be said that we collected three times less VAT,"

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It was reported that affordable cars with a cost of $1-2 thousand are still in the greatest demand in Ukraine.. According to the results of March, there were 32.8% of the total number of customs cleared.




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