Business news from Ukraine

Ukrainian business paid in 2022 80 bln hryvnias more in taxes than in 2021

6 January , 2023  

Ukrainian business paid 80 billion UAH more in taxes in 2022 than in peaceful 2021, Prime Minister Denis Shmygal said.
“Despite continued hostilities and enemy attacks, we will do everything possible to make 2023 the first step for a great recovery of the Ukrainian economy. In 2022, we did the impossible and financed absolutely all budget expenditures. In total, these expenditures amounted to about 2.7 trillion UAH,” Shmygal said at a government meeting on Friday.
According to him, Ukrainian citizens and businesses last year paid more than 900 billion UAH to the state budget, another 425 billion UAH were paid to the Pension Fund and social insurance funds.
“Due to the issue of military bonds, about 600 billion UAH were received. We are grateful to the citizens and businesses who bought these bonds and thus invested in a strong army and a stable state,” the prime minister added.
Shmygal thanked Ukrainian businesses, which paid 80 billion more in taxes in 2022 than in 2021.
“Your steadfastness, patriotism, adaptability and social responsibility allowed to keep the economy of Ukraine afloat. 2023 should be the year of our victory and the year of the beginning of the recovery of our economy. We work together for this,” he concluded.

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