Citizens of Odessa region submitted early 6000 property and income tax declarations region and declared total income of UAH 971.6 million UAH during January – March 2020.
This is 108.6 million UAH or 12.6% more than during the same period in 2019.
Citizens independently determined to pay personal income tax in the amount of 30.8 million UAH which is 9.5 million UAH more than in 2019. Amount of the military levy is 5.3 million UAH which is 1.6 million UAH more than during January-March in 2019.
Revenues totaling more than 1 million UAH were declared by 65 citizens. Total amount of income declared by them is 426.4 million UAH. Payable 10.5 million UAH of the personal income tax which is 34% of the total amount of payable tax and 1.2 million UAH of the military levy or 22.6% of the total amount of collection determined for payment.
The biggest amount of payable tax liabilities determined by lady-citizen of Kyiv district of Odessa city – 7.7 million UAH (from investment income) and by resident of Primorskyi district of Odessa city – 1.2 million UAH (other income).
Reminder! The Law of Ukraine as of 17.03.2020 № 533-IX“On Amendments to the Tax Code of Ukraine and other laws of Ukraine on support taxpayers for the duration of measures aimed to prevent the occurrence and spread of coronavirus disease (COVID-19)” extended until July 1, 2020 the deadline for submitting the annual property and income declaration which was about to expire on April 30, 2020. Amount of payable tax liability by the taxpayers must be paid by October 1, 2020.