11 February, 2022

» UAH 520 million in taxes has been paid by Velta LLC during 12 years of its operation

Velta LLC has paid UAH 520 million in taxes during the years 2010 to 2021 directed to different budgets. The salary fund for the same period amounted to UAH 379,4 million.

In 2021 the company has paid UAH 98,2 million in taxes. If compared with the second half of 2020, the tax payments have increased by 25%.

The company has analyzed the tax payments made by Velta LLC during the last 5 years from 2017 to 2021.

The company paid UAH 403,8 million in tax fees for this period.

Compared to 2017 the tax growth rate reached 67% in 2021.

The subsoil taxes and payroll taxes are the most significant in the payment structure.

63.8% or UAH 257.6 million is the subsoil use tax. This tax actually regulates the subsoil ownership of every Ukrainian according to Article 13 of the Constitution of Ukraine: “Land, its subsoil …, which are within the territory of Ukraine…, are the objects of property of the Ukrainian people”.

The payroll tax is the next by size in the structure of tax burden – it reaches 35,5% or UAH  143,3 million for the period of 2017-2021.

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