Declaration campaign has started since the1st of January 2020 and will last until May 2020. Therefore, residents of Ternopil region who received income from which tax wasn’t withheld in 2019 are obliged to declare it.
1253 residents have already submitted income tax declarations during January 2020. Almost two-thirds of 824 declarants were obliged to declare their income. The rest, 429 individuals decided to use their right to obtain the tax rebate. In total, 286 declarations more have already been submitted in 2020 compared to the same period in 2019.
Total amount of self-accrued personal income tax liabilities have amounted 3.7 million UAH. Also 1 million UAH of the military levy was accrued to payment.
Most often residents of Ternopil declare income from the inheritance or gift and from sale of the real estate or movable property. 335 declarations for 45.2 million UAH and 178 declarations for 56.4 million UAH have already been submitted this year. Compared to January 2019, the number of declarants of these categories has significantly increased. This year, the number of those who declared about inheritance and gift income has increased by 247 individuals – almost four times more. The number of declarations from those who sold movable and immovable property has doubled: in 2019 there were 81 and in 2020 – plus 97.
54 residents of the region declared 2.5 million UAH of income from the property lease; 35 individuals declared 1.1 million UAH of income from independent professional activity and 4 declarants – about receiving investment income.
It should be reminded that the deadline for submitting property and income declaration is 30th of April 2020.