MF: tax revenues in the first quarter, higher than the year before – Onet.pl

MF added that the budget deficit was during the first quarter of 2016 years lower by 7.1 billion zł in respect of the execution after March 2015. (16.7 billion zł).

the Communication also shows that budget revenues amounted to 76.8 billion zł, which is 24 , 5 percent. recorded in the budgetary and spending 86.4 billion zł (23.4 percent.).

Resort adds that according to estimates, between January and March state budget revenue was higher by 13.3 per cent. compared with the same period last year.

Tax revenues increased in the first quarter by 5.8 percent . per year, and an increase compared to the first quarter of 2015. was recorded in all types of taxes – according to a statement.

the revenues from VAT were higher by 6.0 percent. y / y. (Ie. Approx. 1.7 billion zł), revenues from excise tax and gaming tax were higher by 4.5 percent. y / y. (Ie. Approx. 0.7 billion zł), the state budget revenues from personal income tax were higher by 8.2 percent. y / y (ie. approx. 0.8 billion zł), and the state budget revenue from corporate income tax were realized in the amount close to the first quarter of the previous year (growth amounted to 0.4 per cent.) – informs the Ministry of Finance.

In March of this year. also recorded the first revenues from the taxes on certain financial institutions (the so-called. bank tax), which amounted to 0.4 billion zł.

“After the high growth of revenues from VAT in January. in February and March there has been a decline in the growth rate, partly due to the higher level of VAT returns in this period, which was related m.in . to settlements completed at the end of 2015. supply due to intensification projects ending 31 December 2015. previous financial perspective of the EU “- we also read in the message MF.

“However, the dynamics of VAT revenue in the entire first quarter allows for its maintenance, expect to achieve greater than assumed in the budget income” – adds resort.

in the first quarter non-tax revenues were higher by as much as 82.7 percent on an annual basis (ie. 5.4 billion zł), which explains the influence of the Ministry 7.1 billion zł “arising from the auction adjudicated on the reservation of frequencies in the 800 MHz and 2.6 GHz.”

As for expenses, their performance in the first quarter amounted to 86.4 billion zł, or 23.4 percent. plan. It was more about the 1.9 billion zł in the first quarter of 2015.