Business entities of Ivano-Frankivsk region transferred nearly 434 million UAH of the single social contribution in January 2020. Compared to the corresponding period of 2019, revenues of the single social contribution have increased by 41.9 million UAH.
In 2020, the biggest sums of the single social contribution were transferred to the budget by employers registered in Ivano-Frankivsk directorate – more than 190 million UAH. Business entities registered in the Kolomyia department transferred 76.6 million UAH, Kalusk department – 57.8 million UAH, taxpayers of Tysmenytsk department – 40.8 million UAH, Dolynsk department – 37.9 million UAH Nadvirnansk department –30.7 million UAH.
It should be reminded that taxpayers of the single social contribution to compulsory state social insurance are obliged to calculate, accrue and pay the contribution on time and in full amount. In case of the late payment of insurance premiums, the taxpayers are obliged to calculate them independently and pay them with the interest. If an individual has both obligation of the single social contribution, tax and other mandatory payments stipulated by the law or obligations to other creditors, payment of the single social contribution must be done first and takes priority over all but one – he payroll of wages.
In addition, please note that in 2020 the minimum amount of single social contribution is 1039.06 UAH and the maximum insurance premium is 15585.9 UAH.