The consolidated budget received 292.3 billion UAH during January – May 2020

Press service of the State Tax Service of Ukraine, published 09 June 2020 at 12:27 Chapter: News

According to operative data, the consolidated budget received (balance) 292.3 billion UAH from payments controlled by the State Tax Service during January – May 2020. This is 11.2 billion UAH or 4% more than during January – May 2019.

The state budget received 185.5 billion UAH which is 9.1 billion UAH or 5.1% more than the corresponding figure in 2019. The local budgets received 106.8 billion UAH. This is 2.1 billion UAH or 2.0% more than revenues during January – May 2019.

Revenues (balance) to the general fund of the state budget amounted 180.7 billion UAH during January – May 2020; the indicative figure determined by the Ministry of Finance of Ukraine was fulfilled by 95.7%.

Taxpayers received reimbursement in the amount of 63.4 billion UAH of the value added tax from the beginning of 2020.

In terms of basic payments during January – May 2020, the increase comparing to January – May 2019 is ensured from the value added tax on goods produced in Ukraine by 1.3 times (+9.8 billion UAH), corporate income tax by 6.9% (+3.5 billion UAH), personal income tax and levy by 7.5% (+3.1 billion UAH) and excise tax on excisable goods produced in Ukraine by 17% (+ 3.6 billion UAH).