Taxpayers under the simplified tax system in the Vitebsk region increased their budget payments by 20%

March 1, Vitebsk / Sergei Kotovets - BELTA /. Taxpayers in the Vitebsk region applying the simplified tax system increased budget revenues in January by 20% compared to the first month of 2010, to an amount exceeding Br25.5 billion. This was reported to a BELTA correspondent by the press center of the Ministry of Taxes and Duties Inspectorate for the Vitebsk region. As of February 1, a total of over 4.8 thousand legal entities, or every fourth enterprise registered in the region, and about 6.5 thousand individual entrepreneurs, or also almost every fourth individual entrepreneur, apply the simplified tax system in the region. In recent years, the popularity of the simplified tax system among taxpayers in the region has been growing by an average of 30% annually. Thus, in January 2011, the number of such entities increased by almost a third compared to January 2010. The number of taxpayers under the simplified tax system grew last year in all districts of the region, with about 60% of their total number registered in Vitebsk, Novopolotsk, and Orsha. Taxpayers applying the special tax reporting regime pay their taxes to the budget on time. As of February 1, 8 such taxpayers had budget arrears, and the total amount of debts was Br66.4 million. In January, small businesses in the Vitebsk region paid over Br74 billion to the budget, including revenues from legal entities in the small business segment amounting to Br61.1 billion, and from individual entrepreneurs - over Br13 billion. 23 small businesses had budget payment arrears totaling Br2.1 billion, with debts reduced by almost Br1.4 billion compared to January 2010. In total, over 37 thousand small business entities are registered for tax purposes in the region, including over 8 thousand legal entities and over 29 thousand individual entrepreneurs. Compared to January 2010, the number of small business entities increased by 2.6%, while the number of legal entities increased by 11.5%. -0-