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ČNB: Tax revenues of CzechRep reached CZK 233.87bn in 1Q

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The tax revenues of the state budget of the Czech Republic reached CZK 233.87bn in 1Q of 2015. Social insurance represented the highest percentage of them (CZK 97.06bn). VAT collection followed with a volume of CZK 51.74bn. Non-tax revenues reached CZK 80.59bn, out of which CZK 67.29bn was represented on received transfers and subsidies. The total revenues of the budget reached CZK 314.46bn. The total expenditure was CZK 294.55bn, out of which the greatest part was represented by pensions (CZK 90.63bn).


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