VATLive > Blog > Ukraine > Ukraine VAT cut to 17% 2021

Ukraine VAT cut to 17% 2021

  • Feb 22, 2020 | Richard Asquith

The Ukrainian government has prepared a draft budget lowering the standard VAT rate from 20% to 17% on 1 January 2021. Ukraine is proposing to extend the VAT to electronic services provided by non-resident companies.

The country last committed to cut VAT in 2014, but failed to go ahead due to a weakening economy. 


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Researching Ukrainian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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