Estonian tax inflow in 2018

While the inflow of tax money into the Estonian state budget in 2018 was consistent with the Ministry of Finance’s expectations, receipts of excise duty on alcohol, tobacco and fuel, meanwhile, remained below the budgeted amount.

The sum total of tax receipts in 2018 exceeded the budgeted amount by 0.4%, growing 8.7% compared to the previous year.

The inflow of social tax amounted to €3.06 billion in 2018, exceeding the budgeted amount by 3.9%. The €115 million surplus is attributable primarily to growth in employment and average wages, which was swifter than projected.

Personal income tax was paid in the amount of €311.1 million, exceeding the budgeted amount by 66.2% and marking a surplus of €124 million.

Corporate income tax was paid in the amount of €517.9 million, accounting for 91.7% of the budgeted amount.

€2.33 billion, or 99.8% of the budgeted amount, was received in VAT, marking a 8.5% increase compared to the previous year.

Read more from ERR News

 

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