Payment of the personal income tax during January-April 2020 exceeded the last year’s level by 333 million UAH or 10.3%.
Of the total amount, 0.9 billion UAH of this tax was transferred to the state budget, which is 77.4 million UAH or 9.3% more than in 2019.
Local treasuries received 2.7 billion UAH, which is 255.6 million UAH or 10.5% more than during the same period in 2019.
In turn, budgets of all levels received 872.4 million UAH of the personal income tax in April 2020, which is 1.2 million UAH more than in April 2019.
Main Directorate of the STS in Odessa region emphasizes that the personal income tax is one of the main sources of filling budgets of all levels.
Thus, the share of personal income tax is about 40% in the structure of revenues to the consolidated budget; meanwhile the local budgets are formed by 60% due to this tax.
Positive dynamics testifies, first of all, the honest attitude of employers towards the payment of taxes and compliance with the law upon the payroll of wages.
