What changes in accounting in 2021: overview

The year 2021 is ending and the next reporting campaign is starting. Within the deadlines established by law, organizations and entrepreneurs are required to submit reports to regulatory authorities on those taxes, contributions and fees for which they are recognized as payers (tax agents). 1C experts talk about the most significant points that you need to pay attention to when preparing and presenting reports for 2021. You can find out about the timing of implementation of legislative changes in 1C programs in “Legislation Monitoring”.

New reporting forms

Order of the Ministry of Finance of Russia dated April 19, 2019 No. 61n made numerous changes to Order of the Ministry of Finance dated July 2, 2010 No. 66n (hereinafter referred to as Order No. 66n), which approved the forms of financial statements of organizations.

The amendments involve changes to:

• PBU 18/02 “Accounting for corporate income tax calculations”;
• Federal Law on Accounting (since 2021, the Federal Tax Service will form and maintain a unified state register of accounting).

Also see “What is GIRBO: explanations from the Ministry of Finance.”

Thus, accounting reports for 2021 must be submitted using updated forms.

Changes common to all forms

Amendments are included in the header section of all reporting forms.

OKUD form codes are brought into accordance with the Decree of the State Standard of Russia dated December 30, 1993 No. 299 in the current edition of the orders of Rosstandart. The reference from activity codes according to OKVED to OKVED 2 has also been replaced.

Please note that now in the balance sheet and financial results report you can only enter data in “thousands”. rub.”, and in “million rubles.” – not possible (previously it was possible to choose). The last indicator is excluded from the forms.

VAT declaration

Changes to the VAT declaration form (approved by order of the Federal Tax Service of Russia dated October 29, 2014 No. ММВ-7-3/ [email protected] ), the procedure for filling it out, and the format for submitting the declaration in electronic form were made by order of the Federal Tax Service of Russia dated August 19, 2020 No. ED -7-3/ [email protected]

The amendments are minor. Thus, barcodes have been replaced in the Title Page, and the indicator “Code of the type of economic activity according to the OKVED classifier” has been excluded.

Section 1 reflects the information of organizations that are a party to the SPPK.

Amendments have been made to the transaction codes used to fill out the VAT return, including the addition of new codes, for example, “1011212” - implementation of exclusive rights to inventions, utility models, industrial designs, topologies of integrated circuits, trade secrets (know-how), as well as the rights to use the specified results of intellectual activity on the basis of a license agreement.

The changes came into force on November 9, 2020 and are applied when filling out a VAT return for the fourth quarter of 2021. Transactions not subject to VAT should be reflected in Section 7 of the declaration. To reduce the volume of requested documents during a desk audit, instead of a package of documents confirming a tax benefit, the taxpayer can send the register electronically.

The recommended form, format and procedure for filling out the register are given in the letter of the Federal Tax Service of Russia dated November 12, 2020 No. EA-4-15/18589. Based on the submitted register, the inspection subsequently selectively requests supporting documents, the volume of which is determined for each transaction code in accordance with the algorithm, which is also given in the specified letter. If the register is not submitted or is submitted in paper form, the Federal Tax Service Inspectorate will request supporting documents in full.

1C:ITS

For more information on filling out a VAT return using the updated form, see the “Legislative Consultations” section.

Changes in the financial results report

Line 2410 received a new name - “Income tax”, where the word “current” was removed.

The lines excluded from the form:

• 2421 “Permanent tax liabilities (assets)”;
• 2430 “Change in deferred tax liabilities”;
• 2450 Changes in Deferred Tax Assets.

At the same time, new lines appeared:

• income tax (reflects income tax expense and income; previously absent);
• 2411 “Current income tax” (previously - current income tax, including permanent tax liabilities (assets);
• 2412 “Deferred income tax” (previously – change in deferred tax liabilities/change in deferred tax assets);
• 2530 “Profit tax on transactions, the result of which is not included in the net profit (loss) of the period” (participates in the formation of the total financial result of the period; previously absent).

The total financial result will now need to be determined as the sum of the lines:

That is, these are lines 2400 + 2510 + 2520 + 2530.

Thus, the Ministry of Finance has clarified the indicators characterizing income tax. Namely, the composition and name of the indicators that reveal the amount of income tax in the statement of financial results (information message of the Ministry of Finance of Russia dated May 28, 2019 No. IS-accounting-18 <On changes to the order of the Ministry of Finance of Russia dated July 2, 2010 No. 66n>).

The line codes established in Appendix No. 4 to Order No. 66n have been changed accordingly.

Please note that the listed changes in the report must be taken into account from the accounting reports for 2021. Although the organization has the right to decide to use them earlier.

Property tax declaration

Changes have been made to the property tax declaration form, the procedure for filling it out and the format for submitting the declaration in electronic form (Order of the Federal Tax Service of Russia dated July 28, 2020 No. ED-7-21 / [email protected] ). First of all, the changes concern organizations:

• which, during the period from 01/01/2020 to 12/31/2020, extended the deadlines for payment of advance payments for property tax in accordance with Decree of the Government of the Russian Federation dated 04/02/2020 No. 409;
• which are a party to the SZPK under Law No. 69-FZ.

To reflect these changes in legislation, Section 1 has been supplemented with lines 005 “Taxpayer Attribute” and 007 “SZPK Attribute”.

So, on line 005, the organization indicates the attribute:

• “1” - if the postponement of the deadline for payment of advance tax payments is established by a regulatory act of the Government of the Russian Federation;
• “2” - if the postponement of the deadline for payment of advance tax payments is established by a regulatory act of a constituent entity of the Russian Federation;
• “3” - if the organization does not apply the rules on postponing the payment deadlines for advance payments.

The SZPK indicator is filled out only by taxpayers who have entered into a SZPK. Law No. 172-FZ exempts a number of organizations from paying property tax in terms of tax and advance payments for this tax for the period of ownership of the taxable object from 04/01/2020 to 06/30/2020. For such organizations, the procedure for filling out lines 230 and 240 of Section 2 and lines 110 and 120 of Section 3 of the declaration has been clarified. The updated declaration form applies starting with the submission of the report for the 2021 tax period. Please note that a new form of property tax declaration is being developed - see the material “The Federal Tax Service will change the form of the property tax declaration.”

1C:ITS

For detailed information about the changes and the procedure for filling out the updated corporate property tax declaration form, see the “Legislative Consultations” section.

What has changed in the simplified financial results report

The line “Income taxes (income)” must now include current income tax and deferred tax.

This change to the statement of financial results must be applied to the 2021 financial statements. However, the organization has the right to decide to use it earlier.

The Federal Tax Service of Russia recommended the following machine-readable forms of financial statements:

• KND form 0710099 - who reports in the general manner;
• KND form 0710096 – who reports using simplified forms.

About COVID-19 and remote work

Moscow Mayor Sergei Sobyanin has again extended the requirement to transfer at least 30% of employees of organizations to remote work mode. Now for an indefinite period, until the epidemiological situation significantly improves.

Also, current restrictions on the operating hours of public catering establishments, nightclubs, bars, discos, karaoke, bowling alleys and other similar establishments remain.

The self-isolation regime remains for Muscovites over 65 years of age and citizens suffering from chronic diseases.

New line for audit

In addition, a line has been added under the balance sheet to indicate the mandatory audit of annual reporting. This block looks like this:

If an audit is required, you must check the appropriate box and provide information about the auditor.

KEEP IN MIND

Since the audit concerns only annual reporting, interim reporting in 2021 should always be marked o.

Cancellation of reporting to Rosstat

The statutory copy of the financial statements for 2021 must be submitted only to the tax authority. Thus, it is no longer necessary to submit it to the territorial statistics body: this obligation has been cancelled.

Although a special procedure is provided for organizations:

• whose reporting contains state secrets;
• from a special list of the Government of the Russian Federation.

The corresponding changes were made to the Tax Code of the Russian Federation by Law No. 444-FZ of November 28, 2018 (hereinafter referred to as Law No. 444-FZ), and to the Federal Law on Accounting by Law No. 447-FZ of November 28, 2018.

This innovation is associated with the introduction in Russia of a state information resource for accounting (financial) reporting, which is maintained by the Federal Tax Service of Russia.

The provisions of Law No. 444-FZ come into force on January 1, 2021. From this date, the Federal Tax Service of Russia begins, and Rosstat ceases, to exercise powers to form and maintain the state accounting register (GIRBO). In particular, Rosstat will stop collecting legal copies of financial statements, including revised ones, as well as audit reports on them for the reporting period of 2021 and reporting periods expired before January 1, 2021.

For more information, see “The new law abolished the submission of accounting reports to Rosstat: details.”

The goals of this change are:

• reducing the administrative burden that organizations bear in connection with the fulfillment of obligations to submit their accounting records to government agencies;
• simplifying access for interested parties to such reporting.

The Russian Ministry of Finance gave detailed official explanations on the new rules for accounting in its information message dated December 13, 2018 No. IS-accounting-12 “On changing the procedure for organizations to submit legal deposit of annual financial statements.”

Also see “What is GIRBO: explanations from the Ministry of Finance.”

Declaration on UTII

Despite the abolition of UTII from 2021, the UTII declaration for the fourth quarter of 2021 must be submitted no later than 01/20/2021.

Tax for the fourth quarter of 2021 must be paid no later than January 25, 2021. According to the general rules, UTII can be reduced only by those contributions that were paid in the quarter for which UTII was calculated (subclause 1, clause 2, article 346.32 of the Tax Code of the Russian Federation). Therefore, taxpayers were wondering: what to do with insurance payments (contributions) and benefits accrued in 2021 for UTII payments that will be paid after 12/31/2020? After all, previously the norms of the Tax Code of the Russian Federation did not allow reducing the tax on UTII by the amounts of the specified insurance contributions and benefits, as well as taking them into account within the framework of a different tax regime.

In order to support taxpayers, amendments have been made to the Tax Code of the Russian Federation, which provide for the possibility of taking into account these contributions when calculating UTII for the fourth quarter (Federal Law No. 373-FZ dated November 23, 2020. This opportunity has appeared not only in relation to contributions to employees’ salaries, but also contributions which entrepreneurs pay “for themselves”.

Please note that the rule does not limit the taxpayer to any deadlines for paying insurance premiums. In this regard, we believe that the single tax for the fourth quarter of 2021 can be reduced (including) by the amount of contributions paid after filing the UTII return and paying the single tax for the fourth quarter of 2021. You can return overpaid tax in the manner prescribed by Article 78 of the Tax Code of the Russian Federation.

1C:ITS

For more information on accounting for insurance premiums, inventories and VAT in 2021 in connection with the abolition of UTII, see the section “Legislative Consultations”.

New requirements for the type of reporting

Starting with the 2021 report, all organizations, except representatives of small businesses, can submit financial statements only in electronic form. Corresponding amendments to the Accounting Law were made by Law No. 444-FZ.

Small businesses (if eligible) may choose to report on paper or online. However, for 2021, small businesses were also required to report exclusively via the Internet.

Note that previously all organizations could submit accounting reports both on paper and electronically.

The procedure for recognizing accounting reports as compiled has been clarified

As a general rule, the financial statements of an organization are considered prepared after they are signed by the head of the organization. Starting from reporting for 2021, he has the right to sign electronic accounting records using an electronic digital signature. This change to the Accounting Law (updated version of Part 8 of Article 13) was made by Law No. 444-FZ of November 28, 2018.

Thus, legislators equated the electronic balance with the balance on paper. Now the head of the company has a choice: sign a paper copy or certify an electronic document with an electronic signature.

Let us note that previously accounting records were recognized as compiled only after the manager signed them on paper.

Thus, the Federal Law “On Accounting” no longer connects the recognition of financial statements as compiled solely with the signing of a paper copy.

Clarifications regarding the preparation of accounting reports

Article 13 of the Federal Law “On Accounting” has been supplemented with a provision according to which the accounting records of an organization can be compiled:

1. on paper;
2. in the form of an electronic document;
3. on paper and in the form of an electronic document.

Moreover regardless of the form in which it is compiled, it is recognized as the official reporting of the organization.

When a law or agreement provides for the submission of accounting reports to another person or a government agency on paper, the organization is obliged , at their request, at its own expense , to prepare on paper copies of the accounting reports compiled in the form of an electronic document.

This provision of Law No. 444-FZ comes into force on January 1, 2020.

A fee has been established for accounting of counterparties

From May 2021, you can request the accounting records of counterparties using a special online resource on the Federal Tax Service website:

• free of charge – obtain information about the accounting (financial) statements of any organization;
• for a fee - receive a copy of the reporting signed with an electronic signature of the Federal Tax Service of Russia.

According to clause 2 of the Decree of the Government of the Russian Federation dated June 25, 2019 No. 811 “On the cases, amount and procedure for collecting fees for the provision of information contained in the state information resource of accounting (financial) reporting”, the amount of the fee will be 200,000 rubles for the annual service of 1 workplace (i.e. one computer).

KEEP IN MIND

Reports for 2021 and earlier periods are still provided by Rosstat, and free of charge.

These changes to the Accounting Law were introduced by Law No. 444-FZ.

Insurance premiums

Decree of the Government of the Russian Federation dated November 6, 2019 N 1407 changed the income limit of an individual from whom insurance contributions for social and pension insurance are paid. As a result of indexation by 1.054 times, the following maximum base value for calculating insurance premiums was established:

• for compulsory social insurance in case of temporary disability and in connection with maternity - 912,000 rubles cumulatively from the beginning of the year;
• for compulsory pension insurance - taking into account the average salary increased by 12 times, and the increasing coefficient applied to it in the amount of 2.2 - in the amount of 1,292,000 rubles on an accrual basis.

New procedure for calculating and reflecting indicators in the financial results report

From accounting records for 2021, and voluntarily from reporting for 2019 (this should be mentioned in the explanations), it is necessary to calculate and reflect in accounting according to the new rules:

• temporary differences;
• permanent differences;
• net profit.

Amendments to PBU 18/02 “Accounting for corporate income tax calculations” changed the logic for calculating net profit or loss.

The corresponding changes to PBU 18/02 were made by Order of the Ministry of Finance of Russia dated November 20, 2018 No. 236n, and in the reporting forms - Order of the Ministry of Finance dated April 19, 2019 No. 61n.

In particular, the concept of temporary differences has been clarified. They now mean not only income and expenses that form the accounting profit (loss) and the tax base for tax in different reporting periods, but also the results of operations that are not included in the accounting profit (loss), but form the tax base for tax in other reporting periods. periods.

From 2021, organizations determine temporary differences (TD) at the reporting date using the following formula:

The list of temporary differences has also been expanded. According to the order, they are formed due to differences in accounting and tax accounting rules:

• assessment of the initial cost and depreciation of non-current assets;
• formation of the cost of products sold (goods, works, services);
• formation of income and expenses associated with the sale of OS;
• creating reserves for doubtful debts and other reserves;
• reflection of interest payable on loans and borrowings.

In addition, temporary differences are possible:

• when revaluing assets at market value for accounting purposes;
• recognition in accounting of impairment of financial investments for which their current market value is not determined, as well as inventories and other assets;
• recognition of estimated liabilities in accounting;
• the presence of a loss carried forward, which did not reduce income tax in the reporting period, but will be accepted in subsequent reporting periods;
• other similar situations.

New mandatory information in accounting

Order of the Ministry of Finance of Russia dated April 5, 2019 No. 54n made changes to PBU 16/02 “Information on discontinued activities.” According to him, now in the accounting records, within the framework of information about discontinued activities, it is necessary to reflect information about the cessation of the use of long-term assets for sale.

In this regard, the concept of long-term assets for sale appeared. These include:

• OS and other non-current assets that the organization does not use because it decided to sell (except for financial investments);
• material assets for sale that remain from retiring non-current assets or that were removed during repairs, modernization, reconstruction.

In this case, long-term assets for sale are taken into account separately as part of current assets.

If an organization ceases to use long-term assets for sale, this fact must be reflected in the reporting - as part of information about discontinued activities.

Taking into account the principle of materiality, the following information now needs to be reflected in accounting:

• description of long-term assets for sale;
• description of the facts and circumstances of the sale, incl. proposed method and period of sale;
• profit (loss) associated with long-term assets for sale, as well as the item in the financial results statement in which this profit (loss) is included (if it is separately included in the financial results statement, then it is not necessary);
• in the case of reporting information by segments, the reportable segment, which includes indicators associated with a long-term asset for sale.

This innovation is effective from reporting for 2021, but it can be applied voluntarily from reporting for 2021, if you mention this in the explanations to the reporting.

About career and gifts

On February 3 at 10:00 Moscow time we are holding 1C: Student Day as part of the 1C conference “New Information Technologies in Education”.

This is a unique opportunity not only for students from Moscow, but also regional universities to start a career in the IT industry. The key event of 1C: Student Day is the vernissage of internship programs, at which specialists and partner companies conduct interviews and recruit students for internships.

We have also prepared an interesting and rich entertainment program. Students will be able to participate in master classes and take part in a drawing for branded prizes.

REGISTRATION

New procedure for disclosing information about discontinued operations

By virtue of the aforementioned Order of the Ministry of Finance dated 04/05/2019 No. 54n, information about discontinued activities must be disclosed in the reporting until the period when settlements for this activity are completed.

And while calculations for discontinued activities are ongoing, information about it must be shown in the financial statements.

We note that previously such information was disclosed in the reporting up to and including the reporting period in which the program to terminate operations was completed. Although in fact the calculations for the completed program may not have been completed.

This innovation is also effective from reporting for 2021, but it can be applied voluntarily from reporting for 2021, if you mention this in the explanations to the reporting.

About criminal liability and tax evasion

The RF IC proposes to strengthen criminal liability for individuals who evade taxes. In addition, the RF IC proposes to shorten the period for voluntary payment of tax requirements, after which the Federal Tax Service sends materials to investigators. Now the Federal Tax Service forwards the material to the investigator only if the debtor has not compensated for the damage within two months after the demand was presented to him. The RF Investigative Committee believes that this is too long, and as soon as the tax authorities have uncovered the criminal scheme and determined the amount of damage, it is necessary to transfer the documents to the investigation.

New standards for the public sector

According to the letter of the Ministry of Health of Russia dated December 25, 2018 No. 22-00-09/2499, new federal accounting and reporting standards for public sector organizations (state/municipal budgetary and autonomous institutions) will come into force in 2021 reporting.

These are the following federal accounting standards for public sector organizations (hereinafter - GHS):

These standards must be applied starting with reporting for 2021.

Read also

18.11.2019

Non-financial organizations

Directive of the Bank of Russia dated May 22, 2019 N 5149-U changed the procedure for reflecting accounting items of individual non-financial organizations in the accounting accounts. This applies to those NFIs that are not required to publish their accounting (financial) statements, whose shares or debt securities are not publicly traded, and which are not in the process of issuing such securities for trading on the open market (national or foreign stock exchange or OTC a market that allows the circulation of securities among an unlimited number of persons).

A procedure has been established for reflecting the transfer of means of labor received under compensation and collateral agreements into investment property, as well as for including the amount of VAT in the cost of inventories.