Local budgets of the region received 2365.8 million UAH of tax payments during January – September 2020. This is 86.7 million UAH more than during the corresponding period in 2019. This was reported by Head of Main Directorate of the STS in Chernivtsi region Vitalii Shpak.
Almost 91.6% of all local budget revenues are provided by three budget-forming payments. The first place belongs to the personal income tax, which was paid in the amount of 1566.9 million UAH during January – September 2020. The next largest tax during the reporting period is the single tax. It was paid in the amount of 333.7 million UAH. The land tax closes the top three. It amounted 266.5 million UAH during 3 quarters of 2020.
In addition, local budgets were replenished at the expense of excise duty on the retail sale of excisable products, revenues amounted 82 million UAH during a quarter. Real estate other than land tax amounted 47.4 million UAH. Revenues from the use of forest, subsoil and water amounted 26.4 million UAH, income tax – 20.2 million UAH, licenses for the wholesale and retail trade of excisable products –11.3 million UAH.
Main Directorate of the STS in Chernivtsi region draws attention of taxpayers from villages, settlements, city councils, which have merged into united territorial communities in previous years that they must pay local taxes and fees, namely the land tax, real estate tax, transport tax, single tax, etc. by the accounts requisites of the united territorial community to which they belong.
At the same time, credited to the state budget and to the Pension Fund taxes, fees and contributions are paid exclusively at the main place of the taxpayer’s registration.
However, the territorial communities that joined the united territorial community in 2020 will continue to make payments to the budget by the end of year by the same requisites they used before the merger.
Reminder! Payment of taxes and fees to incorrect accounts causes arrears of these tax liabilities and, accordingly leads to accrual of fines and penalties. Therefore, in order to avoid financial liability, the taxpayers should carefully check the accounts requisites. By the way, absence or presence of debt, as well as requisites of tax payment accounts can be checked in the private part of Electronic Cabinet.