Main Directorate of the STS in Rivne region reported that business entities that registered on the simplified taxation system paid 461.8 million UAH of the single tax to local budgets during 8 months of 2020. According to Head of Main Directorate of the STS in Rivne region Vitalii Chui, local communities of Rivne region have additionally received 28.9 million UAH of the single tax comparing to the same period in 2019.
Specifically, the share of paid tax by individuals – entrepreneurs is 77% in the total amount of income. They paid 356.1 million UAH of the single tax during 8 months of 2020, which is 34.1 million UAH more than during 8 months in 2019.
Legal entities – simplifiers transferred 68 million UAH of the single tax.
Agricultural producers – single tax payers of Group IV replenished local budgets by 37.7 million UAH.
Reminder! Simplified taxation system is a special mechanism for collecting taxes and fees, which replaces payment of separate taxes and fees with a single tax with the simultaneous maintenance of simplified accounting and reporting. Simplified taxation system is regulated by Chapter 1 Section XIV of the Tax Code of Ukraine.