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Local budgets’ revenues growth is almost 11% in the 1st quarter of 2020 in Kirovohrad region

, published 03 April 2020 at 15:57

Taxpayers of Kirovohrad region transferred 1 billion 362.3 million UAH to the local budgets during January – March 2020. Local treasury revenues have increased by 142 million UAH or 11.6% more than over the same period in 2019.

The biggest share of the total revenues is the personal income tax (57%). As of the beginning of this year, community budgets received 830.9 million UAH which is 73.2 million UAH or 9.7% more than during the same period in 2019.

Land users transferred nearly 198 million UAH to the treasury which is 14.3 million UAH (7.8%) more than during January – March 2019.

Entrepreneurs registered on the simplified taxation system have increased budgets’ revenues by 204.2 million UAH and increased revenues of single tax by 30.4 million UAH or 17.5% compared to January – March 2019.