Kharkiv region: the VAT revenues are increasing

Main Directorate of the STS in Kharkiv region, published 06 November 2020 at 18:16

Head of Main Directorate of the STS in Kharkiv region Artem Efremov reported that collection of the value added tax to the state budget amounted 6.239.0 million UAH during January – October 2020.

Revenues have increased by 1.210.0 million UAH or 124.1% comparing to the same period in 2019. The indicated task was fulfilled by 109.1% (+519.8 million UAH).

Main Directorate of the STS in Kharkiv region also reported that the Law of Ukraine as of 16.01.2020 № 466-IX “On Amendments to the Tax Code of Ukraine to improve tax administration, eliminate technical and logical inconsistencies in tax legislation” introduced single VAT reporting period – a calendar month (including the single tax payers).

Taxpayers, reminder! The 20^th of November 2020 is the last day for submitting the VAT tax declaration for October 2020.

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