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Budgets of all levels received 5.4 billion UAH of taxes from Cherkasy region during January – May 2020

, published 11 June 2020 at 12:19

Taxpayers of Cherkasy region paid 5.4 billion UAH of taxes and payments to budgets of all levels during January – May 2020, which is 9% or 450 million UAH more than during the corresponding period in 2019.

The state budget of Ukraine received 2.5 billion UAH which is 15.9% or 354 million UAH more than during January – May 2019, including 1.3 billion UAH of the value added tax (+ 294 million UAH or 1.2 times more than in 2019), the income tax – 382 million UAH, which is 4.6% or 17 million UAH more than during January – May 2019.

Local budgets of Cherkasy region received 2.9 billion UAH. Comparing to 2019, revenues have increased by 3.4% or 96 million UAH. Particularly, local budgets received more than 1.7 billion UAH of the personal income tax, 490 million UAH of the single tax, 303 million UAH of the land tax and the land rent and 171 million UAH of the excise tax.

Also listed and aimed at providing pension insurance and the implementation of state social benefits 2.1 billion UAH of the single social contribution to compulsory state social insurance. Comparing to 2019, more than 35 million UAH has been transferred.

Main Directorate of the STS in Cherkasy region expresses gratitude to all taxpayers of Cherkasy region, who faithfully fulfill their obligations in difficult business conditions.