Single tax on small business belongs to those tax payments, revenues of which systematically ensure the livelihood of territorial communities.
Business entities of Donetsk region registered on the simplified taxation system paid 644.7 million UAH of the single tax to the local budgets of Donetsk region during January – August 2020, which is 5% higher than in 2019. Due to this increase, local communities received 30.9 million UAH more than during January – August 2019. Individuals – entrepreneurs paid 472.4 million UAH of the single tax to local budgets, while legal entities transferred 172.3 million UAH to the local treasury.
Reminder! Individuals – entrepreneurs who are the single tax payers of Group I and II who do not use hired employees are exempted from paying the single tax for one calendar month per year during vacation leave, as well as for the period of illness confirmed by a copy of certificate (sheet) if it lasts 30 or more calendar days.
To use this right, the above-mentioned taxpayers must submit an application to the STS territorial body in any form with information about the period of planned leave or the period of working incapacity.