Local budgets revenues during January-December 2019 have amounted more than 6 billion UAH in Sumy region. Compared to the corresponding period of 2018, revenues have increased by 15.2% or 836.2 million UAH.
Personal income tax ensures more than a half of the region’s local treasury revenues. The PIT has amounted more than 4.1 billion UAH – this is 16.3% or 581.1 million UAH more than over the corresponding period of 2018.
Land payment is one more significant component of the local budget revenues. Thus, owners and land users transferred 831.8 million UAH of the land payments – this is 111.1 million UAH more than in January-December 2018.
Single tax is also important source of for revenues of the local communities. Small and medium-sized business entities transferred 765.7 million UAH of the single tax – revenues growth is 95.8 million UAH.