Lesya Karnaukh: State Tax Service has launched a dashboard for monitoring tax revenues

State Tax Service has launched a dashboard for monitoring tax revenues to general fund of the state budget. This was informed by acting Head of the State Tax Service Lesya Karnaukh on the Facebook page.

"Thanks to the expert assistance, we are launching a dashboard for monitoring tax revenues. Modern tool for transparent activities of the State Tax Service is already on the website https://tax.gov.ua/. At the end of July this year, I and Head of the Fiscal Policy Research Center (Fiscal Center) Viktor Maziarchuk signed Memorandum of cooperation. In 2 months, we already have a concrete result" – Lesya Karnaukh noted.

State Tax Service’s dashboard is a modern tool for analyzing payment revenues and assessing implementation of planned indicators for a certain date.

Here are all taxes for administration of which the Tax Service is responsible – from general groups of payments to the detailed breakdown.

All information in easy and understandable visual form:

- general picture of revenues and their structure;

- comparison of payments for different periods (month, quarter, half-year, since the beginning of year);

- analysis of revenue dynamics in the current and previous years;

- determination of share of any payment in the total amount.

"Simple and convenient access to important information. Cool analytics. Effective digital tools. That’s what we strive to make the current State Tax Service. Agree, kilometer tables with numbers are interesting only to those who understand this well. Majority wants to have more accessible and interesting information about taxes, how the budget is filled and how it affects the economy" – Lesya Karnaukh added.

This analytical module provides quick access to information that is the most often of the interest of business, public and the State Tax Service’s employees themselves in their daily work.

Structure of the dashboard is planned to be gradually improved.

Together with experts, we are working on the development and implementation of a revenue forecasting section. This will allow us to determine expected revenues taking into account:

- tendencies in previous reporting periods;

- seasonal fluctuations;

- unforeseen factors (one-time big payments);

- changes in tax legislation, etc.