Ukrainians declared Hr 24 billion ($900 million) in supplementary earnings for the first three months of 2019 – 97 percent more than for the same period of last year, the State Fiscal Service, announced on April 11.
Earnings additional to regular salaries have to be declared in Ukraine. Among the income that must be declared are sums received from sales, gifts and inheriting property and other valuable commodities, as well as income earned in other countries on which taxes have already been paid.
Hanna Chub, interim head of State Fiscal Service’s tax department, said in a press statement that “individuals who are obliged to declare income have demonstrated a significant improvement in their tax culture.”
A total of 201,300 declarations were submitted in the first three months of 2019, which is a 54 percent increase compared to the same period of time in 2018.
In 2018, Ukrainians declared Hr 73 billion ($2.75 billion) of supplementary income, which was 16 percent more than in 2017.
Taxes on the declared income will amount to Hr 662 million ($24.5 million), of which Hr 577 ($21.3 million) must be paid as income tax, and Hr 85 million ($3.15 million) as defense tax, which was introduced in 2014 after Russia began its war against Ukraine.
During the first two months of 2019 Ukrainians paid over Hr 15 billion ($555 million) in income taxes, equivalent to around 12 percent of Ukraine’s budget.
