VAT
Businesses hope for grants rather than VAT hikes to fund war damage compensation in October 2026
In October 2026, the general Business Barometer index in Ukraine decreased to -16.4 points, updating the minimum for this year. Survey participants named international partners’ grants as the preferred source for filling the war damage compensation…
other materials in the section VAT
Prime Minister Serhii Koretskyi explains the need for a 1% VAT increase
Prime Minister Serhii Koretskyi stated that a 1% Value Added Tax increase in the 2027 budget is necessary to fund business insurance. The state plans to accumulate approximately 1 billion dollars to compensate for damages caused by Russian attacks.
