State Tax Service provided UAH 71B of budget revenues in Jan-Feb

State Tax Service provided UAH 71B of budget revenues in Jan-Feb

In January-February 2021, the State Tax Service provided UAH 71 billion of revenues to the state budget, which is UAH 11.5 billion more than in the same period last year, according to the State Tax Service’s press service.

"The Tax Service continues its course on protecting legal business from unfair competition and implements indicative figures without the use of administrative measures. Budget revenues exceed not only planned targets, but also [the figures] compared to the same period last year. In January-February 2021: indicative [revenues] – UAH 66.4 billion, actual [revenues] - UAH 71.0 billion, performance above the target: UAH +4.6 billion, compared with last year: +UAH +11.5 billion, or +19.4%,” reads the report.

The State Tax Service notes that VAT refunds in January-February amounted to UAH 25.5 billion.


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