Communities of Mykolaiv region have received ₴896.2 million in land payments since the beginning of the year

Landowners and tenants in Mykolaiv region paid over ₴896 million. Photo from pixabay

In 11 months of 2024, landowners and tenants in Mykolaiv region paid over ₴896 million in land payments.

This was reported by the State Tax Service in Mykolaiv region.

It is noted that land payment is one of the significant sources of filling local budgets of the Mykolaiv region. Thus, in January-November 2024, land tax and land rent in the amount of ₴896.2 million was mobilised to local budgets, which is 26.8% or ₴189.3 million more than in the same period in 2023.

\In particular, local budgets received land payments from legal entities in the amount of ₴645.7 million, and from individuals and citizens who cultivate land plots on their own — ₴250.5 million, the statement said.

As a reminder, Mykolaiv reduced the rental rate from 3% to 1% for communal land for developers and entrepreneurs affected by the war.

Before that, in May 2024, Mykolaiv entrepreneurs addressed the editorial office of NikVesti, asking the authorities to revise tax rates and reduce the rent for land use by 50% to enable them to conduct trade activities. In addition, deputies were also asked to reduce the rent for land used by the Ministry of Defence.

In June, members of the City Council's Legislative Committee supported this initiative. The Department of Finance was instructed to prepare amendments to the existing draft decision on determining the amount of land rent and to amend it to replace 3% with 1% for land under construction.