Tax hikes, changes to mobilisation and payments under the National Cashback: what innovations are Ukrainians to expect from 1 October?
Starting from 1 October, Ukrainians will face a significant number of changes in various areas. Most of them are positive and aimed at improving the living standards of the population. Find out what changes are expected in October and what opportunities will open up for citizens
Tax increases from 1 October
On 20 September, President of Ukraine Volodymyr Zelenskyy signed a law on increasing the budget for military needs. The law comes into force on 1 October and provides for the following changes in taxation
- increase in the military tax for individuals from 1.5% to 5% (for ordinary citizens);
- military tax in the amount of 10% of the minimum wage (for groups I, II and IV of individual entrepreneurs);
- military duty in the amount of 1% (for group III of individual entrepreneurs);
- increase in the corporate income tax rate for financial banking institutions to 50%;
- increase in the corporate income tax rate for financial non-banking institutions to 25%;
Changes to the mobilisation procedure
The latest legislative act to amend the mobilisation procedure was the Land Forces Command Directive 116/2/21409 of 19 September 2024, which banned the mobilisation of men under 25.
Utility tariffs
The gas tariff for Naftogaz customers (98% of Ukrainians) will remain unchanged at UAH 7.96 per cubic metre.
Prices for other suppliers (2% of Ukrainians) range from UAH 7.7 to UAH 9.90 per cubic metre.
The electricity tariff will remain the same at UAH 4.32 per kWh. It will not change for those who use a dual-zone meter: between 23:00 and 7:00, the tariff is UAH 2.16 per kWh.
Increase in the minimum unemployment benefit
The Head of the Verkhovna Rada Committee on Taxation and Customs Policy, Nina Yuzhanina, has announced that the minimum unemployment benefit will increase to UAH 3,000 starting in October.
This increase will apply to two categories of citizens:
- persons with at least 7 months of insurance experience in the last 12 months;
First payments under the National Cashback Scheme
As of 1 October, Ukrainian users can already do the following:
- check the retail chains that have joined the programme;
Limit on money transfers
Starting from 1 October, the National Bank will introduce limits on outgoing money transfers: no more than UAH 150 thousand can be sent to the accounts of other individuals.
At the same time, there are exceptions to the limits:
- accounts of volunteers (the Resolution contains relevant criteria);
- accounts of persons whose monthly income exceeds UAH 150 thousand (the income must be legally confirmed);
- transfers of legal entities;
Photo: PMG.ua
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