Employers of Ternopil region for social guarantees transferred 1 billion 898.9 million UAH of the single social contribution to compulsory state social insurance during January – June 2020. This exceeded expected revenues by 19%. Additional payment amounted 303.7 million UAH of the single social contribution. Comparing to the 1st half of 2019, revenues from this payment have increased by 71.1 million UAH or 3.9% more.
Employers paid a contribution of 386.6 million UAH in June 2020, which is 59% more than expected or additional 143.5 million UAH. The increase in payment comparing to 2019 is 48.6 million UAH.
As of the beginning of July 2020, there are 90282 payers of the single social contribution, of which 65067 are individuals and 25215 – legal entities.
Received funds of the single social contribution to compulsory state social insurance are directed on maintenance of social needs of Ternopil inhabitants. These are, first of all, pension benefits, benefits due to temporary disability, unemployment benefits and benefits due to the working accident or occupational disease. Therefore, it is extremely important not to allow the payment of wages “in the envelopes”, to be honest about the timely payment of wages and deductions of the single social contribution.