State Fiscal Service: UAH 127 bln in single social contribution transferred to budget

Revenues from single social contribution totaling UAH 126.8 billion were transferred to the state budget of Ukraine in January-July 2018, according to the State Fiscal Service.

“In January-July 2018, revenues from single social contribution for compulsory state social insurance amounted to UAH 126.8 billion, which is UAH 27.4 billion or 27.6% more than in January-July 2017,” reads the report.

In July 2018, revenues from single social contribution totaling UAH 19.1 billion were transferred to the budget, which is 26% or UAH 4 billion more than in July 2017.

As reported, revenues from single social contribution totaling UAH 180.8 billion were transferred to the Ukrainian budget in 2017, which exceeds the respective figures for 2016 by UAH 49.0 billion.

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