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Tax revenues up nearly 20%

This was reported press office State Tax Service, Ukrinform reports.

According to the State Tax Service, the state budget received UAH 418.1 billion, which is UAH 79.1 billion, or 23.3% more than in the corresponding period last year.

UAH 207.3 billion were paid to local budgets. This is UAH 23.4 billion, or 12.7% more than in January-July last year.

Revenues (balance) to the general fund of the state budget in January-July 2022 amounted to UAH 415.6 billion, which is 25.7% or UAH 85.1 billion more than the same period last year. The indicative indicators of the Ministry of Finance of Ukraine were fulfilled by 103.9%, an additional UAH 15.4 billion was received.

The single contribution for compulsory state social insurance in January-July 2022 received UAH 224.3 billion, which is UAH 30.0 billion, or 15.4% more than in January-July last year.

The STS also provided data for July. So, last month, receipts (balance) in the consolidated budget for payments controlled by the State Tax Service amounted to UAH 99.2 billion. Of these, UAH 65.7 billion were paid to the state budget, UAH 33.6 billion to local budgets.

At the same time, when it comes to the general fund of the state budget, revenues (balance) in July 2022 amounted to UAH 65.6 billion, indicative indicators of the Ministry of Finance were fulfilled by 148.4% (+21.4 billion hryvnias).

Read also: For the month of tax-free customs clearance of cars, the budget received 1.72 billion

Receipts of a single contribution for compulsory state social insurance in July 2022 amounted to UAH 34.3 billion, which is UAH 5.1 billion or 17.3% more than in July last year.

“Payers continue to support our state in difficult times of war by conscientiously transferring taxes. Thanks to their active citizenship and patriotism, the budget consistently receives much-needed funds for the Armed Forces of Ukraine and social payments to our citizens,” the State Tax Service commented.

As Ukrinform reported, in 2021 the general fund of the state budget received UAH 1,084.1 billion. Of these, UAH 614.4 billion was provided by the State Tax Service, UAH 409.3 billion – by the State Customs Service.

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