Ukrainian business against the war: budget revenues increased in March

The business fulfilled its tax obligations in March 2022, despite the war.

Украинский бизнес против войны: поступления в бюджет за март увеличились

In Ukraine, in March 2022, the plan of budget revenues was fulfilled at the level of only 92.3%, although compared to March last year, budget revenues increased by 9.1% and reached 103.4 billion UAH. The head of the Committee on Finance, Tax and Customs Policy Danilo Hetmantsev wrote about this on his Telegram page.

“I want to thank our business for fulfilling its tax obligations in March 2022, despite the war, as well as the GNS team for individual work with taxpayers 24/7,” the people's deputy wrote.

What indicators:

  • in March, the revenues of the general fund of the state budget amounted to UAH 103.4 billion. (92.3% of the pre-war plan per month);
  • revenues to the consolidated budget increased by 43.5%, or UAH 36.4 billion. The increase compared to last year is primarily due to the acceleration of dividend payments by state companies;
  • the situation with contributions to PFCs and social insurance funds also remains under control. Revenues from ERUs in March amounted to UAH 27.8 billion, which is UAH 0.8 billion more than in March 2021.

Following the results of the first quarter the general fund of the state budget continued to be overfulfilled, both in comparison with the plan, and the fact for the similar period last year. Thus, revenues in the first quarter of 2022 from the general fund of the state budget amounted to UAH 286 billion.

Based on materials: ZN.ua

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