This is reported by the Main Directorate of the STS of Ukraine in Kyiv Oblast, informs the PromPolitInform portal.
The Main Directorate of the STS in Kyiv Oblast reminds that the tax discount includes insurance payments (insurance contributions, insurance premiums) actually paid during the reporting year, but only within the limits defined by the Tax Code of Ukraine.
Thus, for insurance contracts of the taxpayer or under a pension contract in 2025, the maximum amount taken into account when calculating the tax discount is 4,240 hryvnias for each full or partial month of the contract’s validity.
If the insurance is issued for a first-degree relative, the tax discount includes expenses of 2,120 hryvnias for each month of the contract’s validity for each insured person.
For example, if a life insurance contract came into effect on August 14, 2025, and the annual insurance premium was paid as a one-time payment, only five months of the contract in 2025 are taken into account when calculating the tax discount. Accordingly, the maximum amount of expenses that can be included in the tax discount is 21,200 hryvnias, and for the insurance of a family member, 10,600 hryvnias.
When filing a tax declaration, it is important to have documents confirming the incurred expenses and the validity of the insurance contract.
Photo: Податкова знижка за договором страхування життя
