What the coming year has in store for us...
According to ancient Ukrainian tradition, every new year brings Ukrainian community a number of "surprises." Obviously, the national legislators either have a special inspiration at the end of the year or it is easier for them to calculate additional revenues to the treasury at the beginning of the calendar year.
Whatever it is, but the year of blue wooden horse is no exception. In order not to obfuscate the reader with all the "gifts" at once, we will try to dose them...
On January 1, the previously deferred legislative provisions of the Tax Code on mandatory taxation of immovable property other than land comes into force in Ukraine. By this time, taxpayers had to conduct verification of property data.
More than 70% of taxpayers have verified property data. Notices of accrued property taxes for 2013 will be sent to payers of this tax by July 1, 2014.
By July 1, 2014, regulatory authorities will have determined the amount of payable tax and will have handed over to taxpayers notices of accrued tax and payment information. Payment documents will be issued for every object of taxation.
The object of taxation is apartments and houses, exceeding an area of 120 square meters and 250 square meters respectively. Apartments and houses of smaller area are subject to the tax benefits.
Total area of apartment and house exceeding 370 square meters is also subject to taxation. The tax rate is 1% of the minimum wage for the total area of the real estate of 370 square meters to 740 square meters, and 2.7% - if it exceeds 740 square meters.
In this case, the actual amount of tax is charged on the area that exceeds the non-taxable value. However, tax benefit shall be cancelled immediately, as soon as the fact of receiving income from property - from renting it out, leasing or commercial use - is proven.
Source: the Horozhanyn
18 February 2013 13:05