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Insurers of Carpathian region paid more than 3 billion UAH of the single social contribution

, published 13 August 2020 at 13:14

Main Directorate of the STS in Ivano-Frankivsk region reported that insurers of Carpathian region paid 3.108 million UAH of the single social contribution to the Pension Fund during January – July 2020. This is 114.4 million UAH more than in 2019.

Reminder! Single contribution to compulsory state social insurance is the main source of the Pension Fund’s revenues. Business entities that use hired labor are obliged to pay amounts of the single contribution accrued for the respective calendar month not later than the 20th day of the following month (excepting mining enterprises that pay the single contribution not later than the 28th day of the following month).

Individuals – entrepreneurs and individuals involved in independent professional activity pay single contribution to compulsory state social insurance quarterly by the 20th day of the month following the quarter for which the single contribution is paid or monthly advance payment – by the 20th day of each month of the current quarter.

Tax service prepared a series of video tutorials which explain how to use electronic services. The fifth video tutorial is dedicated to reporting the amounts of accrued income of insured individuals and amount of accrued single contribution. After watching the video tutorial, users will be able to learn how to create and correctly fill in this report in the Electronic cabinet, as well as sign and send it to the supervisory authority. In addition, the video is available on the STS’s YouTube channel.

Requisites of the accounts to which the single contribution must be paid is posted on the official web portal of the Territorial bodies of the State Tax Service in Ivano-Frankivsk region in section “Budget accounts”.