Budget receipts from single social tax grow by over 23% in Jan-March

The receipts increased by 21.8% in March alone, to UAH 21.31 billion ($790 million).

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Budget receipts from the single social contribution in January-March 2019 were estimated at UAH 61.32 billion (US$2.3 billion), which was 23.2%, or UAH 11.54 billion ($428 million) up year-over-year (y-o-y).

The receipts, in March alone, stood at UAH 21.31 billion ($790 million), which was 21.8%, or UAH 3.81 billion ($141 million) higher than the figure reported in March 2018, according to Ukraine's Treasury Service.

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As UNIAN reported earlier, budget receipts from single social contribution in January-February 2018 totaled UAH 49.79 billion ($1.8 billion), the Treasury Service said.

According to the State Fiscal Service of Ukraine (SFS), the receipts in 2018 grew by 26.1%, or UAH 47.2 billion ($1.8 billion) from 2017, to UAH 228 billion ($8.5 billion).

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