In 2019 taxpayers of Chernihiv region transferred more than 4.8 billion UAH of single social contribution to compulsory state social insurance. Individual’s taxes and duties department of the Main Directorate of the STS in Chernihiv region emphasized that revenues have increased by 686 million UAH in 2019 compared to 2018.
Legal entities transferred 4.3 billion UAH or 89% of revenues. Of these, the amount of 2.3 billion UAH was transferred by the budgetary institutions (48%). Individuals-entrepreneurs transferred more than 541 million UAH (11%).
The largest share of the single social contribution was ensured by the taxpayers who are registered in Chernihiv, Prylutsk and Nizhyn Regional State Tax Administration.
In 2020, the minimum wage is 4723 UAH, so the required mandatory monthly payment for the single social contribution is 1039.06 UAH.