Business entities have paid more than 3 billion 833.3 million UAH of single social contribution over 2019 in Ternopil region. Compared to 2018, the revenue growth of single social contribution has amounted 520.3 million UAH or 15.7%.
Only in December 2019, the employers transferred 398.3 million UAH of this tax. Compared to December 2018, payment of this tax has increased by 42 million UAH or 11.8%.
It should be reminded that the taxpayers of single social contribution to compulsory state social insurance is obliged to accrue, calculate and pay on time and in full amount. In case of unpaid sums of insurance premiums, the taxpayers are obliged to calculate these contributions independently and pay them with interest. It should be noted that according to current legislation, the single social contribution is payable regardless of the taxpayer’s financial position.
If an individual has both obligation to pay single social contribution, tax liability, other statutory payment obligations or obligations to other creditors, payment of the single social contribution should be done firsthand as it takes priority over all other obligations except for the payroll obligations.
Please note that in 2020, the minimum amount of single social contribution is 1039.06 UAH and the maximum insurance contribution is 15585.9 UAH.