Citizens wishing to exercise their right to a tax rebate for 2023 may file a tax return on property and income until the end of 2024.
Since the beginning of this year, residents of the Lviv region have filed 9,969 tax returns to receive a tax rebate of UAH 53.8 million. This was reported by the Department of Personal Taxation of the Main Department of the State Tax Service in Lviv region.
The tax authorities note that citizens wishing to exercise the right to a tax rebate based on the results of 2023 may file a tax return on property and income by the end of 2024. In this case, if the taxpayer does not exercise the right to a tax rebate by the end of the tax year, such right will not be carried over to subsequent tax years.
As a reminder, the tax rebate is available to individuals who received an official salary and incurred certain expenses in the previous year. Here is a list of expenses allowed to be included in the tax rebate:
part of the amount of interest paid for the use of a residential mortgage loan;
donations or charitable contributions to non-profit organizations;
amounts paid in favor of domestic pre-school, out-of-school, general secondary, vocational and higher education institutions to compensate for the cost of education;
insurance payments (contributions, premiums) under long-term life insurance contracts and pension contributions (within the framework of private pension provision);
amounts of expenses for payment for assisted reproductive technologies;
amounts of expenses for payment of the cost of public services related to the adoption of a child, including payment of the state duty;
amounts of funds paid in connection with the conversion of a vehicle owned by the taxpayer with the use of mixed motor fuel, bioethanol, biodiesel, compressed or liquefied gas, and other types of biofuels;
amounts of expenses for the payment of expenses for the construction (purchase) of affordable housing, as defined by law, in particular, for the repayment of a preferential mortgage loan granted for such purposes and interest thereon;
amounts of funds in the form of rent under a lease agreement for housing (apartment, house) executed in accordance with the requirements of the current legislation, actually paid by a taxpayer who has the status of an internally displaced person;
the amount of expenses for the acquisition of shares (other corporate rights), the issuer of which is a legal entity that has acquired the status of a resident of Diia City in accordance with part three of Article 5 of the Law of Ukraine “On Stimulating the Development of the Digital Economy in Ukraine”, provided that such expenses were incurred by the taxpayer before the issuer acquired the status of a Diia City resident or during the period when such a Diia City resident met the requirement set forth in paragraph 3 of part three of Article 5 of the said Law.