4218 residents of Ternopil region submitted property and income declarations to the tax authorities to obtain the tax rebate during January – September 2020. They declared 67.4 million UAH of expenses.
Majority of Ternopil residents, namely 3485 (82%) submitted tax declarations for tuition costs. 657 declarants applied for payment of insurance premiums under the long-term life insurance contracts. Payment of interest on mortgage loans was the basis for tax rebate declared by 32 regional residents. Expenses incurred for the payment of assisted reproductive technologies and adoption of children gave the right to obtain tax rebate to 11 declarants and the same amount due to donations. Another 12 people declared expenses of paying for the construction (purchase) of affordable housing and 10 – expenses associated with the re-equipment of vehicles.
As a result of recalculations, these citizens received reimbursement totaling 12.4 million UAH of the personal income tax. Slightly more than 86% which is 10.7 million UAH of amount determined for reimbursement, has already been returned to declarants.
Reminder! Citizens willing to obtain the tax rebate can submit declaration within a year – until the 31st of December inclusively.