According to the results of 2024, the payment of all taxes by the top ten networks of filling stations by number of filling stations has more than doubled – up to 9.8 billion UAH, said the Director of the consulting group “A-95” Sergei Kuyun in Facebook.
“To begin with, let’s focus on the results of the top ten networks in terms of the number of filling stations, which account for 54% of fuel sales in the country. Under taxes we understand VAT (without VAT on imports), income tax, personal income tax and unified social tax,” he wrote.
According to the expert, the payment of taxes by the ten increased by UAH 5.1 billion despite a decrease in sales by 2.9%. In particular, the payment of VAT amounted to UAH 4.2 billion, which is three times more than the figure for 2023 (UAH 1.4 billion).
“Among other things is explained by the validity of the preferential VAT rate of 7% during the first half of 2023. Meanwhile, by networks the dynamics of growth is extremely uneven: from 8.92% for BRSM to 2.5 times for UPG and three times for KLO”, – said Kuyun.
In terms of payment of income tax last year there was recorded an increase of 1.5 times – up to UAH 2.2 billion. In terms of individual companies, the increase ranged from 13% for OKKO to two times for WOG and UPG and 7.5 times for MOTTO. At the same time, KLO and Avantage 7 showed a decrease in profits.
In turn, payroll taxes PIT+ESV increased by 85%, or by UAH 1.6 bln, to UAH 3.4 bln. The average official salary for the top 50 increased over the year to 17482 UAH/month from 11853 UAH/month.
“Conclusion. The fuel market shows good dynamics of tax payment on all points, including such problematic ones as income tax and payroll taxes”, – claims the director of ‘A-95’.
In his opinion, the increase in tax payments was mainly due to pressure from the tax service, people’s deputies and expert environment. At the same time, there is still a large gap between the leaders and outsiders of taxpayers in the fuel market, which indicates, firstly, the budget losses in 2024 and, secondly, the potential to increase budget revenues in the current year.
Source: https://www.facebook.com/share/p/154RqYc4zv/