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Tax Revenue Surge from Gas Stations in 2024

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The total tax payments made by the largest gas station networks in 2024 have more than doubled, reaching 9.8 billion UAH.

This information is reported by the publication enkorr, referencing data from Serhiy Kuyun, director of the consulting group "A-95".

"Tax payments increased by 5.1 billion UAH, despite a 2.9% decline in sales," he states.

The expert clarifies that the taxes include VAT (excluding VAT on imports), profit tax, personal income tax, and social security contributions.

Specifically, according to the "A-95" study, VAT payments tripled — from 1.4 to 4.2 billion UAH, partly due to the expiration of the 7% preferential rate in the first half of 2023. Meanwhile, the growth dynamics across networks varied significantly: from 8.92% in "BRSM" to 2.5 times in UPG and 3 times in KLO.

"Profit tax increased by 1.5 times to 2.2 billion UAH, with growth ranging from 13% in OKKO to 2 times in WOG and UPG, and 7.5 times in Motto. KLO and Avantage 7 reported a decrease in profits," Kuyun adds.

Payroll taxes (PIT + SSC) rose by 85% to 3.4 billion UAH, and the average salary in the top 50 increased from 11,853 to 17,482 UAH/month. The most significant salary increases were recorded in Avantage 7 and "BRSM".

According to Serhiy Kuyun, the rise in tax payments primarily occurred due to pressure from the tax service and lawmakers.

"However, there remains a substantial gap between the leaders and laggards in the fuel market tax payments, indicating both budget losses for 2024 and the potential for increased budget revenues this year," he emphasizes.

Reminder:

Retail prices for gasoline, diesel, and autogas at Ukrainian gas stations have not significantly dropped in February 2025.