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Ukraine: Tax relief measures, responding to coronavirus (COVID-19)

Ukraine: Tax relief measures, responding to coronavirus

Law No. 533-IX was enacted 18 March 2020 and includes measures to provide relief to taxpayers in response to the coronavirus (COVID-19) pandemic.


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The new measures aim at supporting businesses during the quarantine period and introduce certain tax relief measures such as:

Simplified penalties and late-payment interest

  • For the period 1 March 2020 to 31 May 2020—in general, penalties do not apply except with regard to accrual, declaration, and payment of value added tax (VAT) and excise tax, among other items; and late-payment interest will not be imposed
  • For the period 1 March 2020 to 30 April 2020—penalties are not applied for late submission of the unified social tax reports and late payment of the unified social tax, and no interest is imposed for late payment

Simplified accrual and payment of taxes and fees

  • For the period from 1 March 2020 to 30 April 2020—land tax and rent payments made regarding state and communal property used in business activity are not charged, and there is the ability to submit a tax return to claim an adjustment of the tax amount; also, non-residential real estate owned by individuals or legal entities is not taxed, and individual entrepreneurs, individuals operating independent professional activity and members of the private farms are to be exempted from the calculation and payment of the unified social tax for themselves. In addition, special medical goods for Covid-19 purposes are temporary exempt from import VAT and customs duties.

Simplification of tax audits

  • For the period from 18 March 2020 to 31 May 2020—there is a moratorium on documentary and scheduled tax audits, except for audits of VAT refund requests. (Art. 78.1.8 of the Tax Code of Ukraine). Scheduled audits which should have been started during this period according to the 2020 schedule are postponed. The information about updated tax audit schedule has been already announced on the STS official website on 24 March. Tax audits that have already started will be suspended temporarily until 31 May 2020.

For more information, contact KPMG’s Global Head of International Tax:

Rodney Lawrence | +1 (312) 665 5137 |

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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