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Kirovohrad business paid almost 2.5 billion UAH of the value added tax during 11 months of 2020

, published 07 December 2020 at 08:17

The VAT revenues to the state budget of Ukraine from Kirovohrad region amounted to 2 billion 498.5 million UAH during January – November 2020, which exceeds level of revenues by 338 million UAH or 15.6% comparing to the corresponding period in 2019. The indicative target is fulfilled by 113.9%.

Main Directorate of the STS in Kirovohrad region noted positive dynamics in terms of increasing the VAT revenues due to high level of honest tax payment by regional taxpayers.

In addition, Main Directorate of the STS in Kirovohrad region takes measures to quickly test the risky operations of business entities and prevent possible risks of non-payment of the value added tax.

As of today, the share of value added tax in the state treasury revenues is about 50%.