The State Treasury has lost 61 billion UAH in VAT.

The State Treasury without 61 billion UAH in VAT
The State Treasury without 61 billion UAH in VAT

The annual VAT collection plan for 2024 has been fulfilled at 92%, which is 61 billion UAH below the planned amount.

The analytical department of Forbes Ukraine reports that the collection plan for many key taxes has not been fulfilled in 2024.

The largest shortfall in the annual plan has been recorded in the area of rent payments for the extraction of mineral resources, where the deviation amounted to 12% or 6 billion UAH in monetary terms.

The largest amount of non-payment was identified in the area of VAT. The annual VAT collection plan for imported goods was not fulfilled by 40 billion UAH (8%), while domestic VAT was not fulfilled by 21 billion UAH (7%).

Due to the late entry into force of the law, 10 billion UAH or 4% of the annual plan for personal income tax and military tax was not paid into the general fund.

Corporate profit tax exceeded the plan by 31 billion UAH or 13%, mainly due to the 50% tax rate for banks.

The excise tax collection was exceeded by 3%, or by 6 billion UAH.


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