Ukraine has updated the list of cars that are subject to the luxury tax. It is reported by Lenta.ua.
Now the additional fee applies to cars worth up to UAH 2.43 million and depends on the minimum wage.
It was the level of the minimum wage that led to an increase in the limit on the cost of cars for which you need to pay luxury tax. The additional cash surcharge applies to vehicles valued at more than 375 national minimum wages.
From January 1, 2022, the minimum wage has increased to UAH 6,500. The luxury tax applies to cars whose price tag exceeds UAH 2,437,500 and is less than five years old. In 2021, there were only 172 such cars in Ukraine.
Now on the list of the Ministry of Economy In Ukraine, there are 131 car models that are subject to an additional fee. Owners of luxury Rolls-Royce, Porsche, Mercedes-Benz, Maserati, Lexus, Land Rover, Lamborghini, Ferrari and many other sports cars and executive class models will have to pay.
The car can be used without paying tax, but in this case, the driver needs to be prepared for the restriction. So, the specified transport cannot be sold or transferred free of charge the rights to property. A luxury car can be picked up at any time by the tax authorities for further sale or to cover the owner's debt.