Local budgets of Mykolaiv region received almost ₴1 billion in land payments

A field in the Mykolaiv region. Archival photo: NikVesti

Entrepreneurs and farmers in the Mykolaiv region have paid 975.7 million hryvnias in land tax and land rent to local budgets over the first ten months of this year.

This was reported by the regional office of the State Tax Service.

Compared to the same period in 2024, revenues increased by 18.8%, up 154.6 million hryvnias.

The bulk of the payments were made by legal entities — 706.8 million hryvnias. This is 20% or 118 million hryvnais more than last year. Individuals and citizens who cultivate land plots on their own replenished budgets by 268.9 million hryvnias. This is 15.8% or 36.7 million hryvnias more than in the same period last year.

The tax authorities noted that the share of land payments in the structure of local budget revenues in the region is 10.5%.

In January-August this year, Mykolaiv region entrepreneurs paid over 768 million hryvnias in land tax to local budgets.