Main Directorate of the STS in Mykolaiv region reported that effective measures aimed at legalization of employment have been taken by the Tax service of the region in January 2020. Local budgets received 358.1 million UAH of the personal income tax as a result of proceeded measures. It is gratifying to note that the PIT revenues in January 2020 have exceeded the same indicator in 2019 by 62.3 million UAH or by 21%.
The PIT is a major source of local budget replenishment. In the structure of receipts, it occupies the position of leader – 65% of the total amount of other taxes and fees.
Tax service of Mykolaiv region draws the employers’ attention to compliance with the requirements of the labor legislation: official registration of employees, timely payment of wages, preventing its payment in the “envelopes”.
Please note that timeliness and completeness of filling the local budget is the key to economic and social development of our region.