[ad_1]
8 664.9 million were received for the state budget. EUR, that is, 0.6%. (52.2 million euros) less than in 2019 and 9.2%. (883.1 million euros) less than expected.
Income from taxes to the state budget amounted to 8,023.1 million. euros. They are 28.1 million. EUR or 0.3%. less than in 2019 and 812.6 million. EUR (9.2%) less than expected.
The lower-than-anticipated state budget revenue was largely due to tax relief measures applied to taxpayers who were adversely affected by COVID-19. Due to the possibility of companies deferring the payment of taxes, the non-payment of companies affected by COVID-19 to the State Tax and Customs Inspection amounted to 801.9 million LTL on January 3. euros.
3,574.4 million LTL were received for value added tax (VAT). income in euros. They are 201.5 million. EUR (5.3%) less than in 2019 and EUR 574.5 million. EUR (13.8%) less than expected. The lower-than-expected VAT revenue was due to the negative impact of the COVID-19 virus on the economy and increased VAT arrears due to deferral decisions by companies affected by COVID-19.
State and municipal budgetary revenues from personal income tax (IRPF) amounted to 3,516.8 million LTL. euros. They are 70.6 million. EUR (2%) more than in 2019 and EUR 197.1 million. EUR (5.3%) less than expected. The lower-than-planned PIT revenue collection was driven by labor market indicators adversely affected by the COVID-19 crisis, an increase in tax-free revenue in the middle of the year, and an increase in arrears due to tax payments. Deferred PIT.
LTL 1,558.9 million were received for all excise duty products. EUR 71.9 million (4.8%) more than in 2019 and EUR 51.9 million. EUR (3.2%) less than expected. The lower-than-planned excise revenue was driven by a significant decrease in wholesale fuel and cigarette sales during the spring quarantine period, as well as an increase in excise duty arrears due to postponement decisions affected by COVID-19.
The income tax received was 779.7 million. 20.5 million euros. EUR (2.7%) more than in 2019 and EUR 81.6 million. EUR or 9.5%. less than planned. The lower-than-expected income tax profit was due to the choice of companies to change the way the anticipated income tax is calculated, reassessing future profitability in 2020 due to the impact of COVID-19, as well as Increased corporate tax arrears Deferral decisions affected by COVID-19.
Other (non-tax) revenue, excluding EU funds, was received in the state budget in the amount of LTL 641.7 million. EUR, that is, 3.6%. (24.1 million euros) less than in 2019 and 9.9%. (70.4 million euros) less than expected.
It is strictly prohibited to use the information published by DELFI on other websites, in the media or elsewhere, or to distribute our material in any way without consent, and if consent has been obtained, it is necessary to indicate DELFI as the source.
[ad_2]
