Value added tax: results of the first quarter of 2020

published 02 April 2020 at 17:52 Chapter: News

State tax service has fulfilled the value added tax indicator determined by the Ministry of Finance of Ukraine by 101.7%, subsequently the budget additionally received 400 million UAH in the first quarter of 2020.

The VAT balance over January-March 2020 has amounted 25.9 billion UAH which is 10.1 billion UAH or 63.8% more than over the corresponding period of 2019.

In general, since the beginning of the year, the budget has received 65.3 billion UAH; 39.4 billion UAH of the value added tax has been reimbursed.