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Ukraine Drops Plan to Raise VAT by 1% in 2027

  • The government has reportedly abandoned plans to raise VAT by 1 percentage point for 2027.
  • As a result, the proposed fund to support affected businesses would not be created for now.
  • Earlier ideas tied the fund’s financing to a VAT increase to 21%–21.5%, but those plans appear to have been dropped, at least for 2027.

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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