The SFS told how much VAT was reimbursed by payers in 2018

The SFS told how much VAT was reimbursed by payers in 2018
16:11 Telegraph Today UKRINFORM Photo: pixabay.com Business news: the Business last year reimbursed VAT by almost 10%.

Business in 2018, was made up of 131.7 billion UAH of value added tax, which is 9.7% or by UAH 11.6 bn more than in 2017.

About it reports a press-service of the State fiscal service.

“For 2018 payers were reimbursed U.S. $ 131.7 billion UAH of value added tax. That is by 9.7% or by UAH 11.6 bn more than in 2017. In 2017, taxpayers were returned 120.1 billion UAH”,- stated in the message.

The SFS mark, which is 10%, or 1 billion, has grown in the past year and average monthly amount of VAT refunds. If in 2017, the figure was 10 billion hryvnias, in 2018 it rises to 11 billion. In December 2018 payers were reimbursed UAH 10.1 bn.

As you know, reimbursement of value added tax is automatic and transparent, thus denying any opportunity for manipulation of this process . For 2018 almost 80% of the claimed refund amounts were recovered during the month on the results of Desk audits.

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