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Local budgets revenues increased in Kharkiv region

, published 04 December 2020 at 15:40

Head of Main Directorate of the STS in Kharkiv region Artem Efremov reported that local budgets were replenished by 16.092 million UAH during January – November 2020, which is 2.9% or 401.0 million UAH more than during the corresponding period in 2019. The indicative figure of the State Tax Service of Ukraine was fulfilled by 107.2%, namely 970.2 million UAH was additionally received.

Payments totaling 1.694.1 million UAH were provided in November 2020, which is 100.6 million UAH (or 6.3%) more than in November 2019.

Proved task was fulfilled by 113.7% (+204.6 million UAH).

The main source of income to local budget is the personal income tax. Namely, 9.514.4 million UAH of this tax was actually transferred to local budgets during January – November 2020.

Also, the local budgets of Kharkiv region received the single tax totaling3183.8 million UAH,

land tax and rent – 1.777.9 million UAH,

rent – 444.2 million UAH,

real estate other than land tax – 351 million UAH,

excise tax on the sale of excisable goods by retail trade entities – 297.1 million UAH,

income tax – 261.1 million UAH,

environmental tax – 82.2 million UAH,

license fees – 68.8 million UAH.

Tax authorities noted that regional development depends on the timely and full filling of local budgets.