Main Directorate of the State Tax Service in Khmelnytskyi region reported that payers of the military levy paid 339 million UAH to the state budget during January – September 2020.
This is almost 27 million UAH or 8.6% more than the last year’s revenues during the same period. Additional revenues from the military levy to the state budget amounted almost 5 million UAH.
“Given the challenging time associated with the threat of COVID-19 spread, the positive dynamics of military levy’s revenues is a reflection of responsibility of regional taxpayers-employers who increase the employees’ salaries from which military levy is deducted and transferred to the budget. Payment of the military levy is a guarantee of strong Ukrainian army and, accordingly, protection of the state border of our country. We thank the employers who, in conditions of significant restrictions, make an important financial contribution to security of the state by paying taxes. Moreover, the taxpayers and business entities of Khmelnytskyi region work under the slogan “If you want to get peace – pay the military levy!” This slogan is embodied in the real budget content” – stated Head of the Main Directorate of the STS in Khmelnytskyi region Vitalii Lazarev.
Reminder! According to Article 163 of the Tax Code of Ukraine, the taxation object undergoing military levy is salary, other incentive and compensation payments or other payments and rewards that are accrued or paid to the payer in connection with employment and under the civil law contracts. However, a number of other objects were identified, such as rent, winnings in the state or non-state money lottery, purchase – sale of movable and immovable property, payment of dividends, re-registration of inheritance, etc.
Its payers are legal entities and individuals who receive income, as well as tax agents. Accrued income is taxed at a tax rate of 1.5%.