VATupdate

Share this post on

Significant Increase in VAT Declarations by Major Taxpayers in February Exceeding 9 Billion UAH

  • In February 2024, large taxpayers declared over 9 billion UAH in VAT
  • Large taxpayers declared 9368.4 million UAH in VAT for February 2024, an increase of 1584.6 million UAH compared to January
  • Tax efficiency is at 3.37%, higher than previous periods
  • Positive VAT declarations increased by 20.4% despite a decrease in sales volume
  • Industries with the highest increase in VAT declarations include manufacturing, energy supply, information and telecommunications, professional services, and transportation
  • Despite the challenging situation in the country, most taxpayers are responsible in declaring VAT on time and in full, leading to high tax efficiency.

Source: news.dtkt.ua

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner