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Ternopil business contributed 1.6 billion UAH of the VAT

, published 15 December 2020 at 14:40

During January – November 2020, Ternopil business entities paid by 470.6 million UAH or 40.7% more comparing to the corresponding period in 2019. Amount of this year’s payment is 1 billion 625.5 million UAH. Additional revenues amounted to 351.7 million UAH; payments exceeded expectations by 27.6%.

Average monthly payment of the value added tax during January – November 2020 amounted to 147.8 million UAH. 42.8 million UAH more than during the corresponding period in 2019.

Ternopil business entities transferred 324.8 million UAH of the value added tax in November 2020. This is by 149.3 million UAH more than in November 2019. That is, the actual VAT revenues increased by 175.4 million UAH or 2.2 times during 11 months of 2020.

2750 value added taxpayers – legal entities were registered in Ternopil region as of the beginning of December 2020. Their number has increased by 75 people or 2.8% comparing to the corresponding period in 2019.