Ukraine Tax Tables 2024 - Tax Rates and Thresholds in Ukraine
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This page contains the tax table information used for the calculation of tax and payroll deductions in Ukraine in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ UA, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Ukraine or would like to add to or suggest amendments to the information herein then please contact us.
2024 Tax Tables [Quick Links]
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Ukraine Personal Income Tax Tables in 2024
The Income tax rates and personal allowances in Ukraine are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Ukraine Tax Calculator 2024.
Ukraine Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 18% | Flat rate on all taxable income |
Ukraine Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 18% | Flat rate on all taxable income |
The National Minimum Wage in the Ukraine for the 2024 tax year is ₴ 8,000.00, this figure is used in the computation of maximim Unified Social Contribution (USC) due by employers.
Ukraine Social Security and Payroll Deduction Rates in 2024
Ukraine Social Security in 2024: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Unified Social Contribution (USC) | 0% | 22% | 22% |
| Military Tax | 1.5% | 0% | 1.5% |
Ukraine Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Unified Social Contribution (USC) | n/a | n/a | n/a | ₴ 1,440,000.00 |
| Military Tax | n/a | n/a | n/a | n/a |
In Ukraine, both employers and employees are subject to various social security and payroll deductions. These contributions form a significant part of the country's social security system, providing a safety net for individuals in the workforce. The system is designed to cover a range of benefits, including pensions, health care, unemployment benefits, and insurance against accidents at work and occupational diseases.
Pension Fund Contributions
One of the main components of social security in Ukraine is the pension fund contribution. Both employees and employers contribute to this fund, which is primarily aimed at financing the state pension system. This system provides retirement benefits to individuals, ensuring financial support for citizens in their post-retirement years.
Health Insurance Contributions
Health insurance contributions are another critical element of Ukraine's social security system. These contributions fund the country's public health care system, granting insured individuals access to a wide range of medical services. This system aims to ensure that all citizens have access to necessary healthcare services, regardless of their financial situation.
Social Insurance Contributions
Social insurance contributions in Ukraine cover several areas, including temporary disability benefits, maternity leave benefits, and unemployment benefits. These contributions are designed to provide financial assistance to individuals during periods when they are unable to work due to illness, pregnancy, or job loss, thereby ensuring a level of income security.
Accident and Occupational Disease Insurance
Contributions towards accident and occupational disease insurance are specifically targeted at protecting workers who suffer from work-related injuries or diseases. This insurance provides compensation and covers medical expenses for affected individuals, emphasizing the importance of workplace safety and health.
Administration of Social Security Contributions
The administration of social security contributions in Ukraine involves meticulous coordination between various government agencies, including the Pension Fund, the Social Insurance Fund, and the Health Insurance Fund. These bodies are responsible for collecting contributions, managing funds, and disbursing benefits to eligible individuals.
The structure of social security and payroll deductions in Ukraine reflects the country's commitment to protecting its workforce and providing for citizens' welfare. By funding essential services like pensions, health care, and social insurance, these contributions play a pivotal role in supporting Ukraine's social safety net. For employers and employees alike, understanding these obligations is crucial for compliance and for ensuring access to the benefits they provide.
Ukraine VAT Rates in 2024
VAT rates for Ukraine are reviewed annually, you can use the VAT Calculator to calculate VAT due in Ukraine or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
Ukraine VAT Rates| VAT Rate | VAT Description |
|---|
| 0% | Zero Rated - Exports; international transportation |
| 7% | Reduced Rate - Pharmaceutical supplies |
| 14% | Certain Agricultural Products |
| 20% | Standard Rate - All other taxable goods and services |
Historic Tax Tables supported for Ukraine
The following tax tables are supported by iCalculator™ UA as part of the suite of free tax tools we provide for Ukraine.