Old things will be taxed: deputies plan to collect money from the sale of goods
Will you have to pay taxes for selling used items via Facebook or Instagram? MP Nina Yuzhanina confirmed that the state is considering the possibility of new taxes that may affect each of us.
What is known: taxes even on money transfers
On the air of the KYIV24 TV channel, Nina Yuzhanina warned about considering options for taxing individual income. This applies not only to official salaries or entrepreneurial activities but also to:
Transfers of funds from one card to another between individuals (such as helping relatives or repaying a debt);
Selling used goods through social networks or ads.
“If you transferred money, it is your income. You need to pay tax. If you sell a used item, you also pay,” Yuzhanina noted.
Focus — not on big business, but on ordinary people.
The MP noted that these initiatives primarily concern ordinary citizens rather than large companies or sources of stable income.
Although there is currently no discussion of increasing VAT or excise taxes, such options also remain on the agenda.
“The authorities believe that individuals have the money,” Yuzhanina emphasized. “If such decisions are made without caution, this could lead to the loss of business in the country,” she warned.
The problem is in public finances — the budget deficit exceeds hundreds of billions.
The main reason for the new tax initiatives is the budget deficit, which, according to the deputy, exceeds 400 billion hryvnias. The money is needed primarily to finance military operations, but deputies may not support the relevant bills without clear sources of revenue.
“Even for military purposes, voting for an increase in the deficit without specific sources of coverage is irresponsible,” Yuzhanina emphasized.
What does this mean for Ukrainian citizens?
If the new tax initiatives are adopted:
There will be new reporting rules for individuals, even for simple transfers;
Sales platforms (OLX, Facebook Marketplace, etc.) may be required to report transactions automatically;
Financial monitoring in banks may be strengthened;
Citizens will have to explain the origin of each transfer.
So far, this is only a discussion. Still, clear signals indicate that the authorities are seeking new sources of budget replenishment that are not in the offices of large companies but in the wallets of ordinary Ukrainians. Significant changes may be ahead, affecting every transfer and even the sale of ordinary second-hand items online. Will you have to pay taxes for selling used items via Facebook or Instagram? MP Nina Yuzhanina confirmed that the state is considering the possibility of new taxes that may affect each of us.
What is known: taxes even on money transfers
On the air of the KYIV24 TV channel, Nina Yuzhanina warned about considering options for taxing individual income. This applies not only to official salaries or entrepreneurial activities but also to:
Transfers of funds from one card to another between individuals (such as helping relatives or repaying a debt);
Selling used goods through social networks or ads.
“If you transferred money, it is your income. You need to pay tax. If you sell a used item, you also pay,” Yuzhanina noted.
Focus — not on big business, but on ordinary people.
The MP noted that these initiatives primarily concern ordinary citizens rather than large companies or sources of stable income.
Although there is currently no discussion of increasing VAT or excise taxes, such options also remain on the agenda.
“The authorities believe that individuals have the money,” Yuzhanina emphasized. “If such decisions are made without caution, this could lead to the loss of business in the country,” she warned.
The problem is in public finances — the budget deficit exceeds hundreds of billions.
The main reason for the new tax initiatives is the budget deficit, which, according to the deputy, exceeds 400 billion hryvnias. The money is needed primarily to finance military operations, but deputies may not support the relevant bills without clear sources of revenue.
“Even for military purposes, voting for an increase in the deficit without specific sources of coverage is irresponsible,” Yuzhanina emphasized.
What does this mean for Ukrainian citizens?
If the new tax initiatives are adopted:
There will be new reporting rules for individuals, even for simple transfers;
Sales platforms (OLX, Facebook Marketplace, etc.) may be required to report transactions automatically;
Financial monitoring in banks may be strengthened;
Citizens will have to explain the origin of each transfer.
So far, this is only a discussion. Still, clear signals indicate that the authorities are seeking new sources of budget replenishment that are not in the offices of large companies but in the wallets of ordinary Ukrainians. Significant changes may be ahead, affecting every transfer and even the sale of ordinary second-hand items online.
