{"id":12335,"date":"2025-05-14T10:21:12","date_gmt":"2025-05-14T07:21:12","guid":{"rendered":"https:\/\/gls-law.company\/?p=12335"},"modified":"2025-05-14T10:21:14","modified_gmt":"2025-05-14T07:21:14","slug":"2024-declaration-campaign-what-did-ukrainians-declare","status":"publish","type":"post","link":"https:\/\/gls-law.company\/en\/2024-declaration-campaign-what-did-ukrainians-declare\/","title":{"rendered":"2024 Declaration Campaign: What Did Ukrainians Declare?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The State Tax Service of Ukraine has summarized the results of the 2024 income declaration campaign. The numbers are striking: Ukrainians declared <strong>UAH 326 billion<\/strong> in income \u2014 <strong>UAH 107 billion more<\/strong> than the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>GLS Law<\/strong> highlights key figures and explains the context behind them.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc <strong>Headline Figures:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Over <strong>170,000 tax declarations<\/strong> submitted.<\/li>\n\n\n\n<li>Self-declared tax liabilities:\n<ul class=\"wp-block-list\">\n<li>Personal Income Tax (PIT): <strong>UAH 8.1 billion<\/strong>;<\/li>\n\n\n\n<li>Military Levy: <strong>over UAH 1.5 billion<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This indicates not only rising income levels but also improved tax compliance across the population.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccd <strong>Geography of Income:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Highest declared incomes came from:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Kyiv \u2014 <strong>UAH 156 billion<\/strong><\/li>\n\n\n\n<li>Dnipropetrovsk Region \u2014 <strong>~UAH 30 billion<\/strong><\/li>\n\n\n\n<li>Lviv Region \u2014 <strong>UAH 18.2 billion<\/strong><\/li>\n\n\n\n<li>Kyiv Region \u2014 <strong>UAH 17.5 billion<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">These regions traditionally lead in terms of capital flows, investment, and business activity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcbc <strong>What Were the Income Sources?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Breakdown of declared income:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Foreign income \u2014 <strong>UAH 34.2 billion<\/strong><\/li>\n\n\n\n<li>Inheritance and gifts \u2014 <strong>UAH 13.6 billion<\/strong><\/li>\n\n\n\n<li>Sale of property \u2014 <strong>UAH 6.8 billion<\/strong><\/li>\n\n\n\n<li>Investment income \u2014 <strong>UAH 4.9 billion<\/strong><\/li>\n\n\n\n<li>Other income \u2014 <strong>UAH 4 billion<\/strong><\/li>\n\n\n\n<li>Property rental \u2014 <strong>UAH 3.4 billion<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Notably, <strong>foreign income<\/strong> showed significant growth \u2014 indicating increased global economic activity among Ukrainians, including foreign salaries, dividends, and income from offshore entities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcb0 <strong>Millionaire Boom:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Over <strong>17,000 individuals<\/strong> declared over <strong>UAH 1 million<\/strong> in income.<\/li>\n\n\n\n<li>That\u2019s <strong>6,600 more<\/strong> than the previous year.<\/li>\n\n\n\n<li>Total millionaire-declared income \u2014 <strong>UAH 253.6 billion<\/strong>.<\/li>\n\n\n\n<li>Tax liabilities: <strong>UAH 8.7 billion<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccc The record: a Kyiv resident declared <strong>over UAH 4.6 billion<\/strong> in PIT and military levy due.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd04 <strong>Tax Deductions:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>53,000 taxpayers<\/strong> applied for a tax discount.<\/li>\n\n\n\n<li>Total refunds: <strong>UAH 330 million<\/strong> \u2014 <strong>UAH 36 million<\/strong> more than in 2023.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\ud83c\udfaf <strong>GLS Law\u2019s Takeaways:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The 2024 campaign signals change: tax transparency, global income growth, increased use of inheritance and investment instruments \u2014 all of this demands flexible tax planning and support.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GLS Law offers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Assistance with foreign income declaration;<\/li>\n\n\n\n<li>CFC (Controlled Foreign Company) reporting;<\/li>\n\n\n\n<li>Asset structuring;<\/li>\n\n\n\n<li>Tax planning for high-net-worth individuals.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Not sure how to report your income, file a CFC report, or structure your assets? GLS Law is here to help.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Tax Service of Ukraine has summarized the results of the 2024 income declaration campaign. The numbers are striking: Ukrainians declared UAH 326 billion in income \u2014 UAH 107 billion more than the previous year. GLS Law highlights key figures and explains the context behind them. \ud83d\udccc Headline Figures: This indicates not only rising [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":12322,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[285],"tags":[],"class_list":["post-12335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-a-broader-topic"],"_links":{"self":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts\/12335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/comments?post=12335"}],"version-history":[{"count":1,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts\/12335\/revisions"}],"predecessor-version":[{"id":12336,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts\/12335\/revisions\/12336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/media\/12322"}],"wp:attachment":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/media?parent=12335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/categories?post=12335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/tags?post=12335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}