National Cashback: First payments to Ukrainians from October 22
Ukraine is launching the National Cashback program, giving citizens the opportunity to receive a refund for the purchase of domestic goods. The first payments will begin at the end of October, and the funds received can be used for various services or support for the army.
National cashback of Ukraine
Start of the program and first payments
According to the Ministry of Economy of Ukraine, the first payments under the National Cashback initiative will start from October 22 to 31. Program participants who made purchases of Ukrainian goods in September and accumulated cashback of over 2 hryvnia can apply for a refund.
Scope of participation and amount of payments
646,378 citizens took part in the program, to whom a total of 37.2 million hryvnia. The average refund amount will be approximately 57.55 hryvnia per person. Participants who do not reach the minimum amount or make no purchases will not receive payments during this period.
Conditions for receiving cashback
To receive a refund, you must fulfill a number of conditions: issue a special card for payments, provide access to transactions your payment cards and activate the card for payments in the "Diya" application.
Taxation and use of funds
The Ministry of Economy emphasizes that the cashback received will not be taxed according to the new law adopted by the Verkhovna Rada Ukraine (which has not yet entered into force). The returned funds can be spent on various services, including utilities, medical care and transportation. In addition, participants have the opportunity to direct funds to support the Armed Forces of Ukraine or purchase military bonds.
Glossary
- Diya is a mobile application and web portal that provides government services electronically format in Ukraine
- AFU - Armed Forces of Ukraine, national armed forces of Ukraine
- Verkhovna Rada of Ukraine - unicameral parliament, highest legislative government body of Ukraine
- Ministry of Economy of Ukraine is the central executive body of Ukraine responsible for the formation and implementation of state economic policy
- National cashback is a government program in Ukraine aimed at stimulating purchases of domestic goods by returning part of the funds spent
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Discussion of the topic – National Cashback: First payments to Ukrainians from October 22
The Ministry of Economy of Ukraine announces the start of payments under the National Cashback program from October 22. Participants who made purchases of Ukrainian goods in September and accumulated more than 2 UAH of cashback will receive payments. A total of 646,378 participants will receive an average of about 57.55 UAH, and the total amount of payments will be 37.2 million UAH.
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Sophia
Wow, 37 million hryvnia for cashback! It’s great that the state supports the purchase of Ukrainian goods 🇺🇦 Has anyone received a payment yet?
Hans
Yes, I received 60 UAH. A little, but nice. The main thing is that this encourages people to buy domestic goods. Are you, Sophia, participating in the program?
Sophia
Certainly! I specifically buy Ukrainian products. However, I haven’t received the payment yet. We need to check in Dii. Hans, what are you going to spend your cashback on?
Pierre
Great initiative! 👍 I’m thinking of using my cashback to support the Armed Forces of Ukraine. Do you think this is a good idea?
Hans
Sophia, I plan to pay part of the utilities. Pierre, the idea with the APU is great! Every hryvnia counts.
Viktor
Some kind of nonsense. Another show-off. 57 hryvnia on average - this is ridiculous. It would be better to reduce taxes than to give out such handouts.
Maria
Viktor, don't be such a pessimist! Yes, the amount is small, but this is just the beginning. The main thing is to support domestic producers. Are you participating in the program?
Sophia
I agree with Maria! By the way, does anyone know if it is possible to combine cashback with family members? It would be convenient to spend it on something more substantial 🤔