The Ministry of Economy has approved the list of cars subject to transport tax in 2025. The luxury tax is 25 thousand hryvnias, informs press service of the Ministry of Economy.
We are talking about cars with an engine volume of more than 2.5 liters, produced within the last five years. The list includes cars from Aston Martin, Audi, Bentley, BMW, Hymer-Mercedes, Ineos, Jaguar, Lamborghini, Land Rover, Lexus, Maserati, Mercedes-AMG, Mercedes-Benz, Mercedes-Maybach, Porsche, Rolls-Royce and Toyota .
Calculation of the average market value of passenger cars for the purposes of taxation with transport tax is carried out in accordance with the Tax Code of Ukraine. The tax is levied on cars up to five years old and worth more than 375 minimum wages. Since the minimum salary on January 1, 2025 is 8 thousand hryvnias, the threshold amount is 3 million hryvnias. The tax rate is UAH 25,000 for each car.
The average market value of a passenger car is determined by the Ministry of Economy of Ukraine, after which this price is adjusted using a coefficient that depends on the age of the vehicle: the older the vehicle, the smaller the coefficient and, accordingly, the lower the average market value.
The tax is paid by individuals and legal entities, as well as non-residents who have registered a car in Ukraine. It is the owners of vehicles who must pay the tax, not the renters or those who use cars under a general power of attorney.
Individuals must pay the tax within 60 days of receiving the notice, and legal entities must pay the tax in quarterly advance installments by the 30th of the month following the reporting quarter.
