Almost 700 million UAH of the PIT was paid from legal income to the budgets in Volyn region

Main Directorate of the STS in Volyn region, published 06 March 2020 at 16:25 Chapter: Regional News

In January-February 2020, the budget received 698.2 million UAH of the personal income tax due to employees who work legally. Amount of paid PIT exceeds the same indicator in 2019 by 14%.

“Despite the traditionally low business activity at the beginning of the year, there is a positive tendency in payment of the personal income tax in Volyn region. This means that representatives of socially responsible business raise wages and care for the state’s interests. Taking into account that a part of the paid personal income tax is credited to the local budgets – formal employment should also be a priority for local self-governments.” – emphasized acting Head of Main Directorate of the STS in Volyn region Oleh Hyrykovych. 

Official also emphasized that tax specialists take maximum measures to make the practice of wages in the “envelopes” a thing of the past.

“This information about the possible use of illegal labor by community leaders that can be used for the audit of the STS specialists jointly with the State Labor representatives. Therefore, we expect that community leaders will pay the utmost attention to activities of business structures in the community, as well as the utmost attention to issue of employment registration” – stated Oleh Hyrykovych.  

Main Directorate of the STS in Volyn region noted that equally important resource for filling the budget is attracting citizens to the income declaration.

It should be reminded that, as of the 1^st of January 2020, the income declaration campaign has started in Ukraine. Annual income tax declaration for the past year is required to be filled and submitted by the 1^st of May 2020 by citizens who received income from which the personal income tax was not withheld in 2019. STS specialists at the Taxpayer Service Centers will help to fill in and submit the income declaration correctly.

Schedule of work of the Taxpayer Service Centers can be found on the website of territorial bodies of the State Tax Service in Volyn region by the link: vl.tax.gov.ua in the banner “Taxpayer Service Centers”.