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Residents of Rivne region transferred more than 2 billion UAH of the single social contribution

, published 15 June 2020 at 10:19

Main Directorate of the STS in Rivne region informed that Rivne region transferred 2 billion 83 million UAH of the single social contribution to the Pension and Social Funds during January – May 2020.

Head of Main Directorate of the STS in Rivne region Vitalii Chui noted that comparing to the same period in 2019, revenues from the single social contribution have increased by 120 million UAH.

Head of Main Directorate of the STS in Rivne region emphasized that un-shadowing of the labor market is one of the priorities in the work of tax authorities and local authorities, because the citizens’ salaries and incomes of individuals – entrepreneurs are the main source for paying the single social contribution which replenishes social insurance funds.

Please note that from March 1 to May 31, 2020 there are no applicable penalties for late payment of the single social contribution, for incomplete or late payment of the single social contribution simultaneously with the issuance of amounts of payments for which the SSC is accrued (advance payments), as well as for late submission of reports on the SSC to tax authorities. In addition, during this period, payers of the single social contribution are not charged with penalty, and the accrued penalty for these periods is subject to write-off. This is provided by the Law of Ukraine as of 17.03.2020 №533-IX and the Law of Ukraine as of 30.03.2020 №540.