Local budgets have received 216.7 billion UAH over 10 months 2019Chapter: News

Compared to January-October 2018, the local budget revenues have increased by 35.4 billion UAH or 19.6% over the first 10 months of 2019. In 2018, local communities received 181.2 billion UAH.

The biggest share of local budget revenues is the personal income tax. Over 10 months of 2019, figure of the personal income tax revenues is 133.4 billion UAH. This exceeds last year’s figure by 23.1 billion UAH or 20.9%.

Property tax is also among the leaders in payment. During this period, the taxpayers transferred 32.4 billion UAH of this tax. Compared to 10 months of 20188, this amount is more by 6 billion UAH or 22.8%.

In 2019, the single tax for small business entities increased by 5 billion UAH or 20.2%. This year’s figure is 29.5 billion UAH compared to 24.6 billion UAH in 2018.

In 2019, figure of the corporate income tax is 7.8 billion UAH or by 7.6% and 0.6 billion UAH more; figure of the excise tax on sale of excisable goods by the retailers is 5.2 billion UAH that is by 0.2 billion UAH or 4.8% more than in January-October 2018.