REUTERS
Consolidated budget revenue in January-June 2015 amounted to UAH 263.9 billion, which was 33.5%, or UAH 66.2 billion, up on the same period last year, according to draft estimates, the Ukrainian State Fiscal Service's press service reported.
Taking into account transfers in accordance with the Budget Code of Ukraine, the national budget's receipts for the period under review totaled UAH 219.4 billion, while payments to the local budgets stood at UAH 44.6 billion. The revenue of the national budget's general fund amounted to UAH 219.3 billion, which was 6% up on the Finance Ministry’s financial targets.
Value added tax (VAT) paid on imports in the first half of the year grew by 41.6% year-over-year, while VAT on locally produced goods (work, services) was 23.3% up on the same period last year. Payments of excise tax on Ukrainian-produced excisable goods rose by 34.8%, while import duty receipts soared by 3.3 times, the collection of excise tax from goods imported in the customs territory of Ukraine skyrocketed by 8.4 times. The payment of mineral resources royalties increased by 59.6%, that of surcharges to the current prices of natural gas for consumers of all types of ownership grew by 45.3%, the share of net profit (revenue) that is due to be funneled into the national budget rose by 2.4 times.
VAT refunds to taxpayers have amounted to UAH 26.7 billion since the beginning of the year.
Receipts from the payment of single social security tax amounted to UAH 86.5 billion in the first half of the year.
As UNIAN reported earlier, the 2015 national budget projects tax revenue at UAH 365.6 billion, which is higher than actual tax payments in 2014.
VAT is expected to account for more than a third of tax payments, totaling UAH 157.8 billion against UAH 56.1 billion in planned VAT refunds. The total sum of excise tax to be collected from Ukrainian-produced and imported commodities is projected at UAH 60 billion. The amount of export and import duties is planned at UAH 31.7 billion.
Non-tax budget receipts are forecast at UAH 100.5 billion, which is to be generated primarily as transfers from the National Bank of Ukraine (UAH 65.4 billion), management of equity interests of the state (UAH 4.6 billion) and administrative charges (UAH 4.1 billion).
Almost UAH 1.5 billion is planned to be received from confiscation of assets and proceeds from the sale of property obtained through corrupt schemes.