Mykolaiv region taxpayers paid UAH 14 billion to the budget

Over the past eight months, taxpayers in Mykolaiv region have paid more than UAH 14 billion to the state and local budgets.

This was reported by the press service of the State Tax Service in Mykolaiv region.

For the period from January to August 2024, the State Tax Service provided revenues to budgets of various levels in the amount of UAH 14.2 billion.

According to Roman Kornev, Head of the State Tax Service in Mykolaiv region, taxpayers paid UAH 8.2 billion to the state budget, which is UAH 4.3 billion more than in the same period in 2023.

Local budgets received over UAH 6 billion, which is UAH 1.4 billion more than in the first 8 months of last year.

The main revenue of the state budget - personal income tax, which accounts for 61% of total revenues, provided more than UAH 5 billion. This is UAH 3.3 billion more than in the same period of 2023.

In addition, the residents of Mykolaiv region actively support the Armed Forces of Ukraine, which is reflected in the increase in revenues from the military fee. For 8 months of 2024, the state budget received almost UAH 600 million in military tax, which is 4.3% or UAH 24.9 million more than in the same period last year.

As for the unified social tax, in January-August 2024, almost UAH 9.2 billion was received, which is UAH 907.9 million more than in the same period last year.

Roman Kornev also expressed his gratitude to the business of Mykolaiv region for stable work, timely payment of taxes and official payments to employees, which bring our victory closer.

In the first eight months of 2024, more than 19 thousand new entrepreneurs opened their businesses in the south of the country. Thus, 12839 sole proprietorships were launched in Odesa region, 5096 in Mykolaiv region, and 1746 in Kherson region.

One third of new sole proprietorships are opened in the trade sector, while the IT sector attracted 7.6% of new entrepreneurs. The third most popular sector is the provision of individual services (7%).

At the end of August, the Parliamentary Committee on Finance approved as a basis a revised draft law on amendments to the Tax Code regarding taxation during martial law.

Among other things, it is planned to increase the military tax rate from 1.5% to 5%. The draft also proposes to set corporate income tax rates for non-bank financial institutions at 25%. The document retains monthly advance payments of income tax for fuel retailers.