Since the beginning of this year, revenues growth to the local budgets of Donetsk region have amounted 76 million UAH – this is 9.1% more than in January 2019. In total, the taxpayers transferred 914.6 million UAH to the development of territorial communities in January 2020.
Among the major payments the local treasuries received the personal income tax, single tax, land payment, excise tax on the retail sale of excisable products and real estate tax other than land in the biggest amount.
Personal income tax remains the main segment of filling local budgets in 2020. Taxpayers of Donetsk region paid 659.1 million UAH of this payment in January 2020 – this is 67.3 million UAH more than in January 2019.
Single tax occupies second place by revenues which has been transferred in the amount of 119.4 million UAH by small business since the beginning of this year. In addition, increase of the single tax revenues amounted almost 4 million UAH in 2020, which enabled local authorities to increase funding of social projects through additional funds.
Also, local treasuries received 84.9 million UAH of the land payments and 13.3 million UAH of the real estate tax. Compared to January 2019, these payments have increased by 15.6 million UAH and 0.8 million UAH, respectively. As of the excise tax on the retail sale of excisable products, it was transferred in the amount of 23.7 million UAH – this is 4.5 million UAH more than in 2019.
Positive dynamics of the local budget revenues are based, first and foremost, on the responsible attitude of the socially responsible business representatives, which ensures consistently high level of voluntary payment of taxes.