Cash assistance tax

21.09.2023 09:29 • Question

A military serviceman, I directly participate in the defense of Ukraine, submitted documents to receive a one-time financial aid from her community from the local budget, is it true that they deducted a tax of 19% from the amount of the declared aid, or should I have received the amount in full?

1 Answers

Tatіana Mazur

Answer provided 22.09.2023 11:07

According to subparagraph "a" of subparagraph 165.1.1 of clause 165.1 of article 165 of the Tax Code of Ukraine, the total monthly (annual) taxable income of the taxpayer does not include the amount of monetary assistance provided in accordance with the law, decrees of the President of Ukraine and acts of the Cabinet of Ministers of Ukraine to members of families of military personnel .

Thus, the amount of one-time cash assistance provided to family members of military personnel is not subject to tax.

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