- The Ukrainian government currently has no plans to increase the VAT rate according to Finance Minister Serhiy Marchenko
- Discussions about changing the VAT rate were held with international partners including the IMF
- A realistic budget for the upcoming year has been adopted which negates the need for such a measure at this time
- Conditions were discussed under which VAT might be increased such as if budget expenditures for 2025 significantly rise between the first and second readings of the budget law
- No conditions related to VAT increase have been included in any cooperation programs as a structural beacon or assessment criterion
- The situation remains unpredictable especially in combat zones which means the issue of VAT increase is not completely off the agenda
- The effectiveness of already increased taxes and the fulfillment of other obligations will influence whether the VAT issue becomes relevant again
- President Volodymyr Zelensky recently signed a law to increase tax revenues by 137 billion UAH in 2025 including raising the military levy and taxes for certain business groups
Source: news.dtkt.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
