Analytics, Budget, Estonia, Financial Services, Taxation

This is 7.5% of the amount planned in the State budget. In January last year the State budget collected 6.8 billion kroons of tax revenue – 8.5% of the planned amount.

Social tax revenue in January amounted to 2.6 billion kroons – 7.5% of budget plans. Although the social tax revenue in January is slightly better than the Ministry of Finance predicted in its autumn outlook, the social tax payments are expected to decrease in coming months due to falling employment rate and pay fund.

Individuals' income tax revenue amounted to 412.4 million kroons in January – 11.3% of the amount planned in the budget. Local governments received 959.9 million kroons of the individuals' income tax revenue.

Legal entities' income tax revenue amounted to 344.8 million kroons by end of January – 8.3% of State budget plans, exceeding slightly the level initially expected.

Value added tax revenue amounted to 1.4 billion kroons – 6.2% of planned amount, growing a little in comparison to December 2008, but falling significantly in comparison to the month of January last year.