Amounts doubled
In the seven months this year individual entrepreneurs operating on a simplified system of taxation paid to the budget over 2.8 billion UAH, the press service of Ministry of Revenues reports.
Compared to the same period last year, the amount of revenues grew by 53.3%. Between January and July 2012 the budget received 1.8 billion UAH.
Experts at the Ministry of Revenues note that this activity and growth of revenue was made possible by simplifying the business environment for private entrepreneurs, in particular, their breakdown into groups, enabling more entrepreneurs to work under this model.
As a result, this year alone the number of employees in Group 3 has increased by 56 thousand people. On 1 January current year they amounted to 222 thousand, while at 1 July - 278 thousand taxpayers.
In total during the current year the simplified system of taxation has been chosen by over 1.2 million individual entrepreneurs. Compared to last year the number had increased by almost 90 million people.