The HO of the National Fiscal Service of Ukraine in Kyiv city informs that due to the changes entered to par. 164.2.19 of the Tax Code of Ukraine, starting January 1, 2015, the pension (including the index-linking amount) or monthly life-long allowance a taxpayer obtains from the Pension Fund of Ukraine or those financed by the government fund, which surpasses 3 minimum wages (in 2015 — 3 654 hryvnias), will be taxed, in respect of the excess pension, at the personal income tax rate of 15%.
If the pension amount does not exceed 3654 hryvnias, it will be tax-exempt, not regarded to be the monthly (annual) taxable income.
