Large taxpayers paid almost UAH 296 bln to state budget in 2018

Large taxpayers paid almost UAH 296 bln to state budget in 2018

Ukrinform
Large taxpayers paid almost UAH 296 billion to the state budget in 2018, which is UAH 38.8 billion or 15.1% higher than last year, the State Fiscal Service’s Office of Large Taxpayers reports.

The share of tax payments of large businesses, serviced by the Office of Large Taxpayers, amounted to 57% of total collection of tax payments to the state budget, including income taxes – 78%, value added taxes – 58%; excise taxes on goods produced in Ukraine – 96%.

The Office of Large Taxpayers noted a significant increase in revenues to the state budget for income taxes, which this year reached a record amount of UAH 73.9 billion, which is UAH 21.5 billion or 41.3% more than in 2017.

VAT revenues in 2018 grew by UAH 8.8 billion or 7.9% from 2017, and amounted to UAH 119.8 billion.

Excise taxes on produced goods totaled UAH 68 billion, which is UAH 3.3 or 5.2% higher than last year’s revenues to the state budget.

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