Monthly growth of proceeds conducted through the RRO is about 20 percent

Press service of the State Tax Service of Ukraine, published 29 August 2022 at 13:50 Chapter: News

Completeness of volumes of settlement operations (proceeds) carried out through the RRO is an important factor in completeness of declaration of income volumes received by business entities and therefore reality of taxes declared and paid by them, in particular, income tax, personal income tax, excise tax, etc.

According to the RRO data accounting system, proceeds conducted through the RRO in April - July 2022 show a steady positive increasing tendency after a fall in March 2022 related to the war started by the Russian Federation.

Monthly growth of proceeds is about 20 percent.

Amount of conducted proceeds through the RRO reached 184 billion UAH in July 2022.

Constant growth of the settlement operations amounts carried out through the RRO is due to the conscientiousness of individual taxpayers regarding the voluntary declaration of received income, as well as due to to preventive and control tools of the State Tax Service. 

State Tax Service of Ukraine thanks business entities for conscientious declaration of settlement operations!