In Ukraine, some pensioners are obliged to pay taxes on their pension payments, about what reminded State tax service. Pensions are subject to taxation, the amount of which exceeds three minimum wages, which as of October 2024 is 24,000 hryvnias.
According to current legislation, if the amount of the pension exceeds this threshold, the pensioner must pay 15 to 20% tax on the amount that exceeds the established limit. However, the tax is not imposed on the entire pension, but only on the part that exceeds three minimum salaries. Taxation is not provided for those whose pension is less than 24 thousand hryvnias.
As previously reported, at the beginning of the year, the living wage was increased for various categories of the population, which led to an increase in pensions. In 2024, the living wage for people who have lost their ability to work has increased by 268 hryvnias to 2,361 hryvnias. Accordingly, the minimum pension increased from 2,093 hryvnias to 2,361 hryvnias, and the maximum – from 20,930 hryvnias to 23,610 hryvnias, which is an increase of 2,680 hryvnias.
According to statistics, about 10.4% of Ukrainian pensioners, or 1.1 million people, receive pensions of more than 10 thousand hryvnias. In this group, the average pension is 14,660 hryvnias. On July 1, 2024, the average pension in the country reached 5,816.62 hryvnias, which is more than 400 hryvnias more than at the beginning of the year.
It is interesting that in 2024, the number of pensioners in Ukraine decreased by a record 250,000 people, which also affected the general trends in the pension system.
