Automatically translated version. May contain inaccuracies compared to the original.
Goods and medicines may become cheaper.
Ukraine may reduce the tax burden on the most essential goods and medicines, and also raise social standards. Such proposals may be considered during the formation of the state budget for the year kept in 2027. However, talking about guaranteed price reductions is still premature. This is reported by the channel Narodna dumka.
It is noted that VAT on certain goods could be lowered to 5%. This concerns some food products, medicines, and other essential goods whose costs make up a significant share of a monthly budget.
At the same time, these proposals have not yet been adopted. Current tax legislation provides a VAT rate of 20% for most operations, and for medicines and medical devices in certain cases the rate is 7%.
If the VAT rate truly decreases, this will create conditions for cheaper respective goods. However the final price in the store depends not only on the tax. It is influenced by procurement costs, production costs, logistics, trade margin, and other factors. Therefore, a VAT reduction by itself does not guarantee that every product will immediately become cheaper by 15%.
That is why statements about a possible price drop of 10–20% should be viewed as expectations, not as a guaranteed result of a future tax change.
Regarding the minimum wage and subsistence minimum, the Budget Declaration for 2027–2029 years foresees a minimum wage in 2027 of 9546 UAH, and the subsistence minimum for people who have lost the ability to work as 2878 UAH.
At the same time, amounts in 10 000 UAH for the minimum wage and 6000 UAH for the subsistence minimum are proposals that have not yet been enshrined in the Budget Declaration. Therefore, speaking about their introduction as a adopted decision is not yet warranted.
It was reported that Ukraine began limiting expenditures of state and local budgets amid delays in international financial aid. This was stated by Finance Minister Serhiy Marchenko during a meeting of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy dedicated to bills on taxing parcels.
Document: PDF proof of the original version of the news item "Зниження ПДВ до 5% та вища мінімалка: які зміни можуть чекати українців у 2027 році". It records the publication content at the moment of the first scan, the preservation date and the source: ZN.ua.