For 10 months of 2019 the taxpayers transferred 489.9 billion UAH to the budget

Press service of the State Tax Service of Ukraine, published 05 November 2019 at 19:13 Chapter: News

In January-October 2019, the State Budget General Fund received 489.9 billion UAH of taxes and payments - that is by 69.4 billion UAH more than in the same period last year. This was reported by the Chairman of the State Tax Service of Ukraine Serhii Verlanov during a hardware meeting with the heads of structural divisions and territorial bodies of the STS.

Particularly, in January-October 2019 the income tax indicator has been executed by 106.3%. Over this period the income tax has been executed in the amount of 78.1 billion UAH - that is 2.5 billion UAH more than over the 10 months of 2018. The VAT revenues of goods produced in Ukraine have amounted 198.4 billion UAH or a plus of 23.7 billion UAH (+ 13.6%) in comparison to January-October 2018.

Local tax revenues and fees have also increased. In total, local budgets have received 216.7 billion UAH over January-October 2019. For comparison, for the 10 months of 2018 local budgets received 181.2 billion UAH.

“Budget indicators on the tax revenues will be executed for 100%. Currently we overlap the tax evasion schemes that have existed for years due to the increased efficiency of analytical work. We will continue to work on this. We work for result that is reflected in specific figures - payment of taxes to the budget.” – stated Chairman of the STS Serhii Verlanov.