One and a half times increase in revenues of single tax from entrepreneurs in Vinnytsia region

During Jan-Oct this year individuals who have chosen a simplified taxation system, joined the local budgets for 298,4 million UAH of the single tax. "Thanks to the growth of entrepreneurial activity we have a stable trend of growth in tax revenues. – said the chief of the Department DFS in region Ruslan Osmolovsky. – Yes, only single taxation of individuals this year local budgets received an additional UAH more than 102 million.” It is worth noting that the simplified system attracts entities with simple and clear rules of accounting and taxes. Recall that the limit of annual income, allowing you to choose the taxation system that is defined for each group: the first group of 300.0 thousand UAH.; the second group 1 500.0 thousand UAH; the third group – the 5 000,0 thousand UAH. Payers of the single tax are determined by the types of activities carried out by the owner and will be subject to a single tax. In the case of exceeding the amount of annual income and also income from activities that are not eligible for the payment of the single tax the single tax is paid at the rate of 15 percent. of the amount of such income. A single tax, assessed for the excess amount of income is paid within 10 calendar days after the deadline for submission of the tax Declaration for the reporting quarter. GU DFS in Vinnitsa region This was reported in the Vinnytsia regional state administration

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Source: http://uzinform.com.ua/

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