Gift certificate from a company: is it needed to pay taxes

Press service of the State Tax Service of Ukraine, published 26 August 2026 at 10:31 Chapter: News

If individual received a gift certificate from a company or other legal entity, its value may be subject to the personal income tax and military levy. But taxes do not always arise.

Value of a non-monetary gift is not taxable within 25% of the minimum salary established on January 1 of the reporting year. This is 8 647 UAH in 2026.

That is, this year, if value of the gift certificate does not exceed 2 161.75 UAH, the personal income tax and military levy are not paid.

If the certificate costs more, only the excess amount is taxed.

For example, if the certificate value is 3 000 UAH, 838.25 UAH is taxable – difference between its value and the non-taxable amount.

From the excess amount, the following are withheld:

- Personal income tax - 18%;

- Military levy – 5 %.

Recipient of the certificate does not need to calculate and pay these taxes on their own. This is done by the legal entity that provided the gift, as it is a tax agent.