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The PIT revenues to local budgets of Kharkiv region increased by 116.4 million UAH

, published 19 August 2020 at 11:27

Acting Head of the Main Directorate of the STS in Kharkiv region Artem Yefremov noted that the local budgets of Kharkiv region were provided with nearly 5.8 billion UAH of the personal income tax during January – July 2020. Revenues have increased by 116.4 million UAH comparing to the same period in 2019.

PIT is the main source of filling the local budget. In the structure of revenues, it occupies a leading position, namely about 60% of the total amount of other taxes and fees. This tax is paid at the rate of 18% of salary.

Main Directorate of the STS in Kharkiv region draws employers’ attention to compliance with labor legislation: official registration of employees, timely payment of wages, prevention of its payment in the “envelopes”.

Timeliness and completeness of filling the local budget is a key to economic and social development of our region.