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Local budgets of Kharkiv region received more than 2.2 billion UAH of the single tax

, published 15 September 2020 at 15:33

Business entities registered on the simplified taxation system paid 2203.9 million UAH of the single tax to local budgets of Kharkiv region during 8 months of 2020. Specified amount exceeded the last year’s revenues by 191.1 million UAH (+ 9.5%). The proved task has been fulfilled by 105.1% (+107.1 million UAH).

Significant share of revenues has been provided by business entities – individuals. They paid 1.708.4 million UAH to local budgets during 8 months of 2020, the indicative figure of the State Tax Service has been fulfilled by 103.4% (+55.7 million UAH). The growth collection rate has increased by 176.4 million UAH (+ 11.5%) comparing to 2019.

Tax service emphasizes that the single tax is directed in full to local budgets, so local communities have the opportunity to use these funds for their development.