Receipt of a gift certificate by an individual from a legal entity may be subject to taxation depending on its value. The enterprise providing the gift acts as a tax agent in such cases. This is reported by the portal PromPolitInform, citing information from the State Tax Service of Ukraine.
In 2026, the non-taxable limit for the value of a non-monetary gift is set at 25% of the minimum wage, which amounts to 8,647 hryvnias as of January 1. Consequently, gift certificates with a value not exceeding 2,161.75 hryvnias are not subject to personal income tax and the military levy.
Procedure for calculating taxes when exceeding the limit
In case the price of a certificate exceeds the established limit, only the excess amount is subject to taxation. Specifically, for a certificate worth 3,000 hryvnias, the tax base is the difference of 838.25 hryvnias.
Personal income tax at a rate of 18% and a military levy of 5% are withheld from this excess amount. The responsibility for calculating and transferring these funds to the budget lies with the legal entity, which acts as a tax agent and provides the gift to the recipient.
Thus, individuals who receive such certificates from employers or other companies do not need to independently handle reporting or payment of tax liabilities. The entire administration process and financial calculations are carried out by the company that issued the gift.
Illustrative photo: Tom Eppenberger Jr. Color-corrected and cropped by Daniel Case / CC BY 2.0
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