The processing industry together with the trade sector remain the key taxpayers to Ukraine’s consolidated budget. According to the results of the first 11 months of the current year, these industries accounted for nearly 35% of total budget revenues, ProAgro Group reports.
According to the State Tax Service of Ukraine, processing enterprises generated 17.9% of total tax payments, while wholesale and retail trade, including the repair of motor vehicles and motorcycles, contributed another 16.6%.
The strongest year-on-year growth in tax revenues was recorded in several sectors. The processing industry increased tax payments by 25.7% (+UAH 69.2 billion), while trade grew by 25.1% (+UAH 63 billion). Significant growth was also demonstrated by public administration and defense (+27.1%, or +UAH 48.7 billion), as well as the agricultural sector, where revenues rose by 36% (+UAH 25.1 billion).
The State Tax Service noted that it continues to work on simplifying tax administration, expanding online services, and providing prompt consultations. These measures aim to make tax payments more transparent and convenient, allowing businesses to focus on development.
