Business entities registered on the simplified taxation system transferred 301 million 44.3 thousand UAH of the single tax to the development of territorial communities of Ternopil region during January – May 2020. Despite the quarantine restrictions which affected small business entities the most expected revenues amounted to 106.1%. As a result, local treasuries received additional 17 million 222.7 thousand UAH.

Comparing to January – May 2019, this year the revenues growth from the single tax has amounted 32 million 738 thousand UAH, it means + 12.2%.

Almost 68% of the tax was paid by individuals – entrepreneurs. Since the beginning of this year, they have transferred 204 million 142.4 thousand UAH of the single tax. This exceeded expected revenues by 2.7%. Additional revenues from individuals – entrepreneurs amounted 5 million 442.4 thousand UAH.

Agricultural producers of the simplified taxation system Group IV paid 54.332.9 thousand UAH of the single tax, which exceeded the expected revenues by 14.3% or 6.786.2 thousand UAH. Comparing to January – May 2019, the receipt of this payment from them has increased by 2.403.6 thousand UAH or 4.6%.

Legal entities – “simplifiers” transferred 42 million 569 thousand UAH of the single tax in 2020, which is 3 million 517.3 thousand UAH more than in 2019. Expected revenues were exceeded by 13.3% and therefore the local treasuries received 4 million 994.1 thousand UAH of the single tax from these business entities.