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Government exempted Ukrainians from paying pension fees when buying living space

Source : 112 Ukraine

Pension tax in Ukraine is 1% of the cost of housing
18:18, 23 September 2020

Meeting of Ukraine's Cabinet of Ministers
www.kmu.gov.ua

The Cabinet of Ministers has determined the procedure for exemption from payment of pension fees when buying a home, as Prime Minister of Ukraine Denys Shmygal stated during a government meeting on September 23.

"Ukrainians should be able to buy housing at affordable prices. With today's decision, the government determined the procedure for exemption from payment of pension fees for citizens who purchase housing for the first time or are in the queue for housing," Shmygal said.

Related: Kyiv to stay in orange quarantine zone at least until March

The pension tax in Ukraine is 1% of the price of housing.

As we reported before, according to the Ministry of Finance of Ukraine, in 2021 the number of subsidies in the country will decrease.

"If we compare the numbers of subsidies this year and next, they are the same. This year the adjusted figures for subsidies are 37 billion, next year - 36.6 billion. But there is a nuance - we are significantly increasing the minimum wage and other social indicators for certain categories of citizens. People will be able to pay by themselves, and there will be no subsidies," the minister said.

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