Local treasuries of Ternopil region received 114 million 753.1 thousand UAH of the real estate other than land tax during 2019. This amount exceeded expected revenues by 21.3 million UAH or 22.7%. Compared to January-December 2018, the increase of this tax has amounted 30.9 million UAH.
Contribution of the real estate tax from legal entities was 55%. They transferred 68 million 343 thousand UAH of this tax to the local treasury. This amount exceeded revenues for the same period last year by 15.1 million UAH and expectations – by 14.6 million UAH.
Individuals transferred 6 million 410.1 thousand UAH of this tax to the budgets of territorial communities. This is 16.6% more than expected. As a result, communities received additional 6.6 million UAH. Compared to 2018, the real estate tax revenues have increased by 15.8 million UAH or 51.7%.
Please remember that amount of the minimum wage has been changed starting from January 2020. This year it is 4723 UAH per month. As follows, the amounts of local taxes and fees, rates of which are set by decisions of local self-governments, have been changed and make up the interest rate on the minimum wage and the subsistence minimum. Subsequently, the real estate other than land cannot exceed 1.5% of the minimum wage per square meter. Summing up, maximum of 70.85 UAH of tax will be paid per square meter of the real estate in 2020.