Almost UAH 529 bln transferred to consolidated budget since year-start

Almost UAH 529 bln transferred to consolidated budget since year-start

Ukrinform
In January-June 2019, revenues of Ukraine’s consolidated budget made up UAH 528.8 billion, which is 14.2% more compared with the relevant period of the last year, according to the State Fiscal Service of Ukraine.

“In January-June 2019, UAH 528.8 billion was transferred to the consolidated budget (balance), which is UAH 65.8 billion, or 14.2%, more than in the first half of 2018," the report says.

Thus, UAH 401.3 billion was transferred to the state budget, which is UAH 44.4 billion, or 12.5%, more than in the relevant period last year. Local budgets received UAH 127.6 billion, an increase of UAH 21.4 billion, or 20.1%, compared with the first half of 2018.

The task of the Finance Ministry in terms of net profit (income), which is withdrawn to the state budget, has been fulfilled in full: 300.1% (+ UAH 14.2 billion), corporate income taxes - 105.3% (+ UAH 2.7 billion), taxes and fees on personal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 1.0 billion), environmental taxes - 107.2% (+UAH  0.1 billion).

In the context of main payments transferred the state budget in January-June 2019, an increase compared with January-June 2018 was ensured by part of the net profit (income) – an increase of 4.7 times (+ 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 times (+ UAH 6.4 billion), excise taxes on goods produced in Ukraine - an increase of 5,1% (+ UAH 1.3 billion).

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