The role of value added tax as part of revenues to the state budget of Ukraine

The subject of the research. Today, in Ukraine, the issue of timely replenishment of the revenue part of the state budget with cash that comes in the form of tax revenues is relevant. To accomplish this task, it is important that the fiscal service is effective. The increase in tax revenues to the budget is the result of the development of an up–to–date scientifically–based taxation system. The aim of the research. The purpose of the article is to determine the essence of the concept of «value added tax», especially its payment to the budget, analysis of the advantages and disadvantages of the tax, as well as the study of the dynamics of its receipt in the State budget of Ukraine for 2013–2018. Research methods. To write the article, general scientific and special methods and techniques of scientific knowledge of economic phenomena were used. Results of the investigation. During the writing of the article, an analysis of the dynamics and structure of value added tax for 2013 – 2018 was carried out. It is determined and analyzed that this tax occupies the largest share of the country’s tax revenues. To maintain the positive dynamics of tax revenues to the budget, it is necessary to stimulate the economic and financial development of the country, to improve and develop the tax system. Scope of the results. Taxation, accounting, management and tax optimization. Conclusions. Ukraine improves and develops the tax system, stimulates the conversion of taxes to significant components of economic policy, given the above analysis of the dynamics and structure of VAT revenues in the State budget. The strategic goal is to create a stable tax system. It should ensure the implementation of the State budget plan due to the volume of tax revenues, with a fair approach to taxation of all categories of taxpayers. And the effective functioning of the country’s economy will create conditions for the further integration of Ukraine into the world community