Economy

Luxury car tax: list of models to be taxed in 2025

The Ministry of Economy of Ukraine has published a list of passenger cars whose owners will have to pay transport tax in 2025. The fee for luxury cars is 25 thousand hryvnias per year. This was reported by "Komersant Ukrainian" with reference to the Ministry of Economy.

What cars are subject to the tax?

According to the new list, vehicles equipped with engines with a capacity of more than 2.5 liters are subject to taxation. The age of the car is also an important criterion – it should not exceed five years from the date of manufacture.

The brands included in the list are:

• Aston Martin,
• Audi,
• Bentley, and
• BMW,
• Hymer-Mercedes,
• Ineos,
• Jaguar,
• Lamborghini,
• Land Rover,
• Lexus,
• Maserati,
• Mercedes-AMG,
• Mercedes-Benz,
• Mercedes-Maybach,
• Porsche,
• Rolls-Royce,
• Toyota.

The average market value of such cars is determined by the Ministry of Economy of Ukraine based on market data. It is adjusted depending on the age of the vehicle – the older the car, the lower its estimated value.

Taxation conditions for luxury cars

The transport tax system in Ukraine has been in place since 2015. It applies to passenger cars that cost more than 375 minimum wages. Given that starting from January 1, 2025, the minimum wage in Ukraine will be UAH 8 thousand, cars with a market value exceeding UAH 3 million are subject to taxation.

Thetax of UAH 25 thousand must be paid by both individuals and legal entities, as well as non-residents who have registered a vehicle in Ukraine. The tax is paid by the owner of the car, not by a lessee or a person using it under a power of attorney.

Individuals have 60 days to pay the fee after receiving an official notification. Legal entities pay the tax quarterly, by the 30th day of the month following the reporting quarter.

The decision to update the list of taxable cars is aimed at strengthening fiscal discipline and generating additional budget revenues. Owners of expensive cars should familiarize themselves with the updated list to avoid penalties for late payment of tax.

Which car models are subject to taxation in 2025: the full list

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