There are more millionaires - where the richest Ukrainians live

The State Tax Service reported that the number of millionaires who declared their income for 2024 increased by over 60% or 6,600 people to 17,000.

This is stated in the Tax Service's message, Ukrainian News Agency reports.

"UAH 326 billion. This is the amount of income declared by citizens. Compared to the previous year, this is UAH 107 billion more. In total, more than 170,000 declarations were filed," the report says.

According to the results of the declaration, citizens independently determined the amount of personal income tax (PIT) payable - UAH 8.1 billion and military fee - over UAH 1.5 billion.

The largest amounts were declared by residents of:

- Kyiv - UAH 156 billion,

- Dnipropetrovsk Region - almost UAH 30 billion,

- Lviv Region - UAH 18.2 billion,

- Kyiv Region - UAH 17.5 billion.

The largest amounts of income declared by citizens:

- foreign income - UAH 34.2 billion,

- inheritance and gift - UAH 13.6 billion,

- income from the sale of movable and immovable property - UAH 6.8 billion,

- investment income - UAH 4.9 billion,

- other taxable income - UAH 4 billion,

- income from renting out property - UAH 3.4 billion.

This year, the number of millionaires increased by 6,600 compared to the previous period.

In total, more than 17,000 people declared incomes exceeding one million hryvnias. In total, millionaires declared income in the amount of UAH 253.6 billion, and UAH 8.7 billion of tax liabilities were determined to be due.

And one of the residents of Kyiv determined a record amount of his tax liabilities on personal income tax and military fee to be paid to the budget - over UAH 4.6 billion.

Also, more than 53,000 citizens exercised their right to a tax discount - and will receive UAH 330 million from the budget.

Compared to the corresponding period last year, this is UAH 36 million more.

As Ukrainian News Agency earlier reported, the number of millionaires increased by 1,200 people to 10,700 according to the results of income declarations for 2023.

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