Property tax increase in 2025: Key information for homeowners and apartment owners to be aware of.

Starting from 2025, the property tax in Ukraine has been increased. While in 2024 the rate for each "extra" square meter was up to 100.5 UAH, it is now set at 106.5 UAH.

This is the maximum rate, which may vary depending on the city. This information is detailed in a material from OBOZ.UA.

Who is required to pay the tax:

• Owners of apartments over 60 sq. m and houses over 120 sq. m.
• If both an apartment and a house are owned, the tax is paid on the total area exceeding 180 sq. m.

Additional fixed tax:

• For apartments over 200 sq. m or buildings over 600 sq. m – 25,000 UAH per year.

How the tax is calculated:

• The tax amounts to up to 1.5% of the minimum wage for each "extra" square meter.
• In 2025, the calculation will be based on the year 2024, when the minimum wage was 7100 UAH, hence the maximum rate is 106.5 UAH/sq. m.

Special condition for joint ownership:

If the property is owned by multiple co-owners, the tax is calculated separately for each. For example, if a 150 sq. m apartment is divided among three owners, no tax will be charged since each has a tax-free limit of 60 sq. m.

The collected funds go to the local budget. Local councils also have the authority to adjust the rate and establish their own exemptions.

Previously, Telegraph reported that a new tax for drivers is set to be introduced in Ukraine: who will have to pay a significant amount.