Fiscal revenue rose by 33.5% in the first quarter.
In January-March fiscal revenue amounted to USD 140.7 billion which is 33.5% more than in the same period of 2015.
Fiscal revenue in the first quarter of 2016 increased by 33.5% compared to the same period in 2015 – from USD 105.4 billion to USD 140.7 billion. This is stated in the report of the State Fiscal Service.
Including the March 2016 fiscal service provided revenue to a record volume of USD 60.3 billion.
Finance Plan in the first quarter was exceeded by 13.8%.
In the general fund budget in January-March came to UAH 118.5 billion. A significant amount of revenue achieved mainly due to VAT. The average monthly collection of VAT on goods made in Ukraine in the first quarter was USD 11.9 billion, whereas in 2015 this figure amounted to USD 8.9 billion.
The amount of VAT refund in January-March amounted to USD 22.2 billion which is almost twice more than in the same period of 2015.
Income from corporate income tax in March amounted to 12.3 billion UAH (over-fulfillment of the plan of USD 1.1 billion).
The volume of receipts on a single sotsvznosu in January-March 2016 amounted to USD 30 billion. Thus, while reducing the fee rate almost doubled revenues decreased only by 25.2% compared to the same period of 2015.
Local budgets received UAH 30.2 billion in the first quarter, up 43.6% or by UAH 9.2 billion more than in the same period of 2015.
Income from corporate collection in the first quarter of 2016 amounted to UAH 12 billion (over-fulfillment of the plan by 13.7% or by UAH 1.4 billion).
Customs payments in the first quarter increased despite the abolition of the additional import charges and amounted to UAH 50.8 billion (7.4% more than plan for this period). In particular, in March 2016, such payments had increased to USD 20.8 billion to USD 18 billion in the same month of 2015.
As reported, in January-February fiscal revenue in the consolidated budget amounted to UAH 83.4 billion to the state budget -UAH 64.4 billion.
