VAT refund up by 20% in Nov – Hetmantsev

KYIV. Nov 30 (Interfax-Ukraine) – The amount of value added tax (VAT) reimbursement to businesses increased in November by 20% compared to October and amounted to UAH 13.6 billion, head of the parliament’s relevant committee Danylo Hetmantsev said.

"In November, businesses were reimbursed VAT in the amount of UAH 13.6 billion. This is the highest figure since February," he wrote on his Telegram channel on Wednesday.

According to him, registers for VAT refunds worth UAH 9.4 billion were also transferred to the Treasury.

As reported, VAT refunds were almost completely stopped after Russia’s full-scale invasion of Ukraine on February 24 this year. If in January it amounted to UAH 18.52 billion and in February to UAH 12.07 billion, then in March it was UAH 820 million, and in April and May it was completely absent and resumed only in June, when UAH 9.5 billion was paid, and in July it almost stopped again.

However, in August the amount of payments amounted to UAH 9.4 billion, in September – UAH 1.6 billion and in October – UAH 10.9 billion.

At the same time, businesses have recently increased the number of complaints about blocking VAT refunds.

administrator

Related Articles