In Ukraine, the rates of pension insurance premiums for the first registration of a vehicle have been changed.
This was reported by the press service of the Main Service Center of the Ministry of Internal Affairs.
Since January 1, 2020, in connection with the establishment of a living wage for able-bodied people, the corresponding duty rates for mandatory state pension insurance have changed at the first state registration of cars.
In accordance with Article 7 of the Law of Ukraine “On the State Budget of Ukraine for 2020” of November 14, 2019, from January 1, 2020, a living wage for able-bodied persons was established - 2102 hryvnias.
The payers of the compulsory state pension insurance tax (clause 7 of Article 1 of the Law of Ukraine dated 06.06.1997 No. 400/97-BP “On the collection of compulsory state pension insurance”) are enterprises, institutions and organizations regardless of ownership, individuals who acquire ownership of cars subject to first state registration in Ukraine at service centers of the Ministry of Internal Affairs.
The object of taxation is the value of the car, determined in accordance with the contract of sale, the exchange agreement, a certificate from the customs authorities, an act of expert evaluation of the value of the car, and other documents confirming this value.
According to clause 8 of Article 4 of the Law of Ukraine “On compulsory state pension insurance tax”, the following rates for compulsory state pension insurance are established at the first state registration of cars:
3% - if the object of taxation does not exceed 165 living wages for able-bodied persons;
4% - if the object of taxation exceeds 165, but does not exceed 290 living wages for able-bodied persons;
5% - if the object of taxation exceeds 290 living wages.
Please note that from January 1, 2020, when determining the payment of the fee for mandatory state pension insurance, the first registration should use the following calculations, depending on the cost of the car:
does not exceed or equal 346 830 UAH. - paid 3%;
more than 346 830 UAH., but does not exceed or equal 609 580 UAH. - paid 4%;
more than 609 580 UAH. - paid 5%.