- From 5 September 2026, Ukraine effectively stopped VAT refunds to exporters, according to business representatives and MPs, with exporters saying they are losing working capital needed to operate amid war and logistics disruptions.
- Ukraine’s outstanding VAT debt rose by UAH 4.9 billion since the start of 2026 to UAH 34.3 billion as of early September, even though businesses received UAH 161 billion in VAT refunds in the first eight months of 2026, 39% more than a year earlier.
- Ministry of Finance preliminary data show September VAT refunds dropped to UAH 9.9 billion from UAH 14.6 billion in August, well below the January–August monthly average of UAH 20.1 billion.
- One cited mining company, PrJSC Sukha Balka, says the state owes it a UAH 358 million VAT refund, which it says is a material share of its revenue, staff costs, and total taxes paid.
Source: gmk.center
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.
