Almost Half of Taxes from PEs Is Trading and Information Services

In 2020, PEs paid UAH 52 billion in taxes, out of which UAH 37 billion was the single tax. The largest portion was paid by private entrepreneurs in trading and information services (including programmers) as well as professional, scientific, and technical activities.

One-third of all taxes was paid by PEs in wholesale and retail trading—UAH 11.6 billion. However, these PEs are the most numerous: currently, 825,102 are engaged in trading in Ukraine. Thus, every PE in trading pays UAH 14,000 per year on average.

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PEs engaged in information and telecommunications take second place. They have paid UAH 7.8 billion to the state budget, which is 21% of the total amount. In other words, one private entrepreneur pays UAH 28,300 in taxes per year. This category includes IT specialists, publishers, movie and TV program creators, radio and TV hosts.

If instead we look at how much was paid by each individual PE, the rating of taxpayers will change. It will be represented by the suppliers of electricity, steam, and gas as well as builders and farmers.

The most taxes per one PE was paid by entrepreneurs engaged in electricity, steam, and gas supply. Each of them paid over UAH 46,700 per month. There are currently 211 PEs operating in this field of activity in Ukraine with a total of UAH 9.8 million paid in taxes in 2020.

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The second biggest taxpayers are entrepreneurs engaged in construction. An average amount paid in taxes by one such PE is UAH 42,000. In total, there are 30,800 PEs engaged in construction. The overall amount of taxes is UAH 1.3 billion.

Farmers take third place by average paid taxes per one PE with 29,900 of them each paying around UAH 37,600. The overall amount reached UAH 1.1 billion.

Compared to last year, the number of PEs is largely unchanged. As of December 2020, there were 1,911,921 active PEs, while currently there are 1,967,959 of them.