Business entities under the simplified taxation system paid 1.554.5 million UAH of the single tax to the local budgets of Kharkiv region during 6 months of 2020. This amount exceeded the last year’s revenues by 148.9 million UAH (+ 10.6%).
Significant share of revenues was provided by business entities – individuals. They allocated 1.201.7 million UAH to the budgets during the 1st half of 2020; the indicative figure of the State Tax Service of Ukraine has been fulfilled by 103.9% (+44.9 million UAH). Revenues growth has increased by 132.5 million UAH (+ 12.4%) comparing to 2019.
Main Directorate of the STS in Kharkiv region noted that the single tax is directed in full to local budgets, subsequently local communities have the opportunity to use funds for their development.