It is essential to take into account the main changes in tax legislation and their impact on income and expenses when developing the tax basis for 2023 local budgets.
In order to help finance experts in municipalities prepare for the budget development stage, the team of the Regional Office of U-LEAD with Europe in the Dnipropetrovsk region organised an info session “Interaction of the local self-government and tax service bodies at the stage of preparation of draft local budgets for 2023”.
“We continue to act as a communication platform between municipalities and competent institutions and agencies. Today, together with representatives of the Main Department of the State Fiscal Service in the Dnipropetrovsk region, we are holding an info event to offer comprehensive help to local self-government bodies in preparing balanced budgets, taking into account all the aspects of municipal work under martial law, as well as amendments to tax and budget legislation. After all, Ukraine’s resilience and victory depend on the economy of each municipality today,” said Olena Tertyshna, Head of the Regional Office U-LEAD with Europe in the Dnipropetrovsk region.
During the info session, the participants learned about the procedures for exchanging information between local self-government and tax service bodies at the stages of implementation and planning of local budgets and discussed the impact of changes in tax legislation on revenues and expenses.
According to Maryna Tverdokhleb, Acting Head of the Main Department of the State Fiscal Service in the Dnipropetrovsk region, increasing revenues to local budgets is an important task that tax officials currently face, and effective cooperation with territorial municipalities allows prompt response and solving urgent issues. She stressed that parity in the actions of taxpayers and the state could only be achieved with the cooperation of tax officials and local self-government bodies.
In addition, the representatives of the tax service presented the sources of current information about taxpayers and the amount of tax debt and provided clarification on the powers of the local government regarding the notification of tax authorities using established forms, etc.
At the end of the information session, municipality experts learned answers to relevant questions related to cooperation with the State Fiscal Service and the work of the taxpayer’s e-cabinet.