The number of individual landlords in the Vitebsk region decreased by 11%
As of April 1, 2021, there were almost 10.5 thousand individuals registered with the tax authorities who pay income tax in fixed amounts, while on the same date in 2020, there were about 11.8 thousand. Traditionally, the largest number of citizens rent out housing in Vitebsk (over 4.7 thousand people), Polotsk (over 1.6 thousand), and Novopolotsk (about 1.4 thousand), accounting for 75% of the total number of individual landlords.
The share of citizens paying income tax in fixed amounts is 2.3% of the total number of individual taxpayers. In the first quarter, landlords replenished the budget by about Br810 thousand, which is 35% more in actual prices than in the same period of 2020.
During control measures in 2021, tax inspectors identified three citizens renting out housing without paying tax, who were additionally charged Br0.1 thousand in income tax, as well as penalties for its late payment.
In total, from January to March 2021, the consolidated budget of the Vitebsk region received Br463.2 million rubles, which is 4.3% more than in the first quarter of 2020. The main sources of revenue for the regional treasury are income tax, with receipts amounting to Br149.2 million, or 32.2% of the region's budget revenues, excise taxes (Br97.5 million, 21%), VAT (Br71.6 million, 15.5%), property taxes (Br35.2 million, 7.6%), and profit tax (Br25.2 million, 5.4%). The largest contribution to budget formation is made by organizations of the state economic sector, whose share exceeds 73% of the total consolidated budget revenue.