Source: Magazine “VAT Problems and Solutions”
In order to correctly calculate the amount of VAT payable to the budget, you need to correctly and timely determine the tax base. It would seem that nothing could be simpler: everything a taxpayer needs to know is in the provisions of the Tax Code of the Russian Federation (Articles 153 – 162). However, oddly enough, there is still an opinion among managers that, for example, in trade this tax is levied on a markup. They firmly believe in this and use their “knowledge” when planning expenses. It can be extremely difficult to convince them, and the importance of this task often fades into the background for the accountant, but when, at the end of the period, “suddenly” the amount of VAT payable appears that does not correspond to the initial calculations of the entrepreneur, for some reason it is the accounting service employee who is to blame. To avoid such misunderstandings, in the author’s opinion, it is necessary to conduct a small educational program with the manager on the issue of determining the tax base for VAT.
