Business news from Ukraine

INCOME TAX REVENUE IN UKRAINE MAY DOUBLE

Revenues from income tax in August 2021 compared to August 2020 may double, the head of the parliamentary committee on finance, taxation and customs policy, Danylo Hetmantsev, has said.
“Some 214.5% (UAH 37.1 billion) more was charged this month in income tax compared to last year. In addition, according to forecasts, in August taxpayers will pay twice as much year-on-year income tax (UAH 35.3 billion),” he wrote on Telegram.
At the same time, he stressed that the increase in revenues is not associated with the payment of tax in advance.
“No payment of income tax in advance. No calls to taxpayers with requests to transfer money to the budget. Just de-shadowing,” he said.

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