According to specialists of the Tax monitoring department of the Main Directorate of the STS in Kherson region, the Autonomous Republic of Crimea and Sevastopol city, legal entities and individuals of Kherson region paid 1.6 billion UAH of the personal income tax to the budgets of all levels during January – May 2020. Of these, 1.2 billion UAH or 75% was received by regional local communities. Total increase in revenues compared to 2019 has amounted 100.6 million UAH of the personal income tax.
The biggest amounts of the personal income tax deductions from the employees’ salaries were paid by the:
- budget sphere – 807 million UAH;
- legal entities – 741 million UAH;
- individuals – entrepreneurs – 90.5 million UAH.
Revenues growth to the local budgets, namely of the personal income tax, has a positive impact on the socio-economic development of territorial communities of Kherson region.