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Business entities of Mykolaiv region transferred more than 1.6 billion UAH to local treasuries in the 1st quarter of 2020

, published 06 April 2020 at 16:51

According to joint work of the Main Directorate of the STS in Mykolaiv region with the taxpayers ensured more than 1.6 billion UAH of tax payments in the 1st quarter of 2020. Revenues of local treasuries have increased by 16.2% comparing to the corresponding period in 2019. Territorial communities received additional 231.7 million UAH.

It should be noted that almost 66.4% in the total amount of revenues belongs to the personal income tax. Local budgets received 1.1 billion UAH of the PIT in January-March 2020 – this is 160 million UAH more than over 3 months in 2019.

Entrepreneurs and agrarians of Mykolaiv region who use the simplified taxation system paid 227 million UAH of the single tax to the local treasury. Revenues from this category of the taxpayers exceed 25.6 million UAH compared to the same period in 2019.

The next in terms of payments to local treasury of Mykolaiv region is the land tax and rent. It should be noted that the land owners and tenants supplemented local communities’ budgets by 168.3 million UAH. Compared to the 1st quarter of 2019, the land tax revenues have increased by 11.7 million UAH.

In addition, local budgets received 65.9 million UAH of the income tax; 43.8 million UAH of the excise tax on the retail sale of excisable products; 23 million UAH of the real estate tax other than land; 5.2 million UAH of the license fees; 13.7 million UAH of the rent fees for special use of water, subsoil and forest resources; 6.4 million UAH of the environmental tax.