The Tax Service has already complied with the state budget collection plan

Finance Minister Sergei Marchenko explained overcompliance by reducing the volume of shadow trading.

As of Tuesday, November 24, the State Tax Service has already complied with the annual revenue plan for the general fund of the state budget. This was reported by the press service of the Ministry of Finance.

It is indicated that the budget received more than 460 billion hryvnia compared to the 458 billion planned. The overcompliance is 4.5 billion hryvnia.

At the same time, some sources have yet to comply with the annual plan, however, overall income is due to overcompliance with others. For example, VAT (including reimbursement) received UAH 28.4 billion more than the plan.

Administrative fines were collected for 2,200 million, special taxes on imported goods, 0.700 million above the plan.

Finance Minister Sergei Marchenko explained overcompliance by reducing the volume of shadow trading.

The Finance Ministry also noted that VAT refunds are made without delay and within a certain period of time: more than UAH 12 billion is expected to be refunded in November.

“At the same time, the end of the year is even more than a month. Yes, I am satisfied with the work of the professional tax team: in the last six months we have seen regular overcompliance on the income side, which has given us the opportunity to catch up with the delay in the income of the general fund budget, which has been since May. The same positive trends and the efficiency of the fiscal service will be maintained, “said Marchenko.

Earlier, the IMF said that Ukraine’s fiscal policy should be improved through the introduction of effective instruments, despite the modernization carried out in recent years.

Suspicion was reported to the former tax chief

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