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Ukrainian Tax Service Misses May 2025 VAT Target by 1.5 Billion UAH

  • In May 2025, the tax service did not meet the VAT target, resulting in a shortfall of 1.5 billion UAH.
  • The VAT payment level from alcohol and tobacco producers is decreasing.
  • The shadow economy in the tobacco sector is growing rapidly, with budget losses estimated at 25.2 billion UAH in 2025.
  • The fuel sector, especially retail, shows positive trends, particularly in gas station networks.
  • VAT payment levels increased by 0.42 percentage points over five months in 2025.
  • Profit tax payment levels increased by 0.1 percentage points in the first quarter of 2025.
  • Average wages are rising.

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.

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