According to effective administration the VAT accrual has increased by almost 3 billion UAH by the results of activity in August 2019

Press service of the State Tax Service of Ukraine, published 25 September 2019 at 18:40 Chapter: News

According to operative data, amount of accrued value added tax in September 2019 has amounted up to 19.8 billion UAH by the results of activity in August 2019 - that is 2.9 billion UAH or 17.2% more than the same period last year (UAH 16.9 billion).

“This result has been ensured according to the efficient analytical work and effective VAT administration, including the completion of risky operations by the STS departments” – emphasized the STS Chairman Serhii Verlanov.

Ratio of the declared tax to the sales has amounted up to 2.7% against 2.3 in the same period last year.

Herewith, deliveries in August 2019 have increased only by 2.2% compared to August 2018 (from 723 billion UAH to 739 billion UAH).

Overall, the 2019 tax levy has grown up by 12.8 percentage points. Thus, in 2019, the tax amounted up to 152.6 billion UAH which is 17.5 billion UAH more than the same period last year (135.1 billion UAH).