2170 Volyn residents have already received more than 5.6 million UAH of the personal income tax in the form of tax rebate since the beginning of 2020. These funds were transferred to the citizens’ accounts specified in their annual tax declarations.
In total, more than 2500 Volyn residents have already used their right to obtain a tax rebate in 2019. Before the budgetary reimbursement, they declared 6.5 million UAH of the personal income tax.
“Tax rebate is a financial support for the family budget which is the embodiment of principle of mutual responsibility between the state and citizens. That is, someone who works legally and, accordingly, pays personal income tax, can expect that the state will return a certain share of the personal income tax in case of tuition fees, mortgages or insurance premiums, rental housing for internally displaced persons, etc.” – stated head of Main Directorate of the STS in Volyn region Svitlana Savchuk.
Main Directorate of the STS in Volyn region recalls that even though most Volyn residents submit declaration in order to obtain a tax rebate on education, those who have incurred costs in connection with adoption, payment of insurance premiums under long-term life insurance contracts, or pension contributions under private pension insurance, or have received reproductive medicine services may also use right to receive budgetary PIT reimbursement.
It is important that the annual tax declaration for a tax rebate is submitted by December 31.
As during quarantine period the Taxpayer Service Centers work with significant restrictions, it is better to submit declaration in the electronic form using Electronic cabinet. In addition, STS suggests each declarant to form declaration with already partially filled in data on the basis of taxpayers’ accounting data, information on accrued (paid) income available in the State Register of individuals – taxpayers and information on real estate (movable) through the Electronic cabinet. This means that the citizen will not spend time entering data that is already in the STS databases.
Electronic cabinet provides for the possibility of providing electronic copies of primary documents as an appendix to the declaration online.
Tax rebate can be granted only to a resident of Ukraine who has a registration number of the taxpayer’s account card.
Watch the thematic video tutorial on how to properly fill out and submit annual tax declaration through the Electronic cabinet at the link.