In January-June revenues of Ukraine’s consolidated budget made up UAH 528.8 billion, up by 14.2% YoY, according to the State Fiscal Service of Ukraine.
Thus, UAH 401.3 billion was transferred to the state budget, up by UAH 44.4 billion, or by 12.5%. Local budgets received UAH 127.6 billion, up by UAH 21.4 billion, or by 20.1%.
The task of the Finance Ministry in terms of net profit (income), which is withdrawn to the state budget, has been fulfilled in full: 300.1% (+UAH 14.2 billion), corporate income taxes – 105.3% (+UAH 2.7 billion), taxes and fees on personal income – 104.8% (+UAH 2.4 billion), excise taxes on goods (products) imported into the customs territory of Ukraine – 127.3% (+UAH 1 billion), and environmental taxes – 107.2% (+UAH 0.1 billion).
In the context of main payments transferred to the state budget in January-June an increase compared with January-June 2018 was ensured by part of the net profit (income) – an increase of 4.7-fold (+UAH 16.8 billion), taxes and fees on personal income – an increase of 21.1% (+UAH 8.9 billion), fees for subsoil use – an increase of 1.4-fold (+UAH 6.4 billion), and excise taxes on goods produced in Ukraine – an increase of 5.1% (+UAH 1.3 billion). (Ukrinform/Business World Magazine)
