Simplified tax system in 2021: Important changes

What is the simplified tax system? The simplified taxation system (USN, simplified taxation system, “simplified”) is a special regime that allows, subject to a number of conditions, to significantly reduce the tax burden of small businesses. Simplified taxation combines two different taxation options: simplified tax system Income and simplified tax system income minus expenses, which differ in the tax rate and procedure for calculating taxes.

If you find it difficult to choose a simplified tax system or want to get advice from a professional, you can take advantage of a free consultation from 1C experts:

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* Only individual entrepreneurs without employees can reduce the calculated single tax or advance payment by the entire amount of insurance premiums paid. If there are employees (this applies to both individual entrepreneurs and LLCs), then the calculated tax can be reduced by no more than 50% by the amount of insurance premiums paid.

When choosing between these simplified options, you need to calculate the tax burden separately for the simplified tax system Income and for the simplified tax system Income minus expenses. In addition to the size of the regional tax rate established for the simplified taxation system in 2021, also consider whether you will be able to document the expenses incurred.

Increased the amount of income for the transition to the simplified tax system

Organizations and individual entrepreneurs can change their tax system to the simplified tax system. You can switch to the “simplified” system from the beginning of next year (clause 1 of Article 346.13 of the Tax Code of the Russian Federation). To switch to the simplified tax system, you must submit an application to the Federal Tax Service by December 31 in form No. 26.2-1, approved. by order of the Federal Tax Service of Russia dated November 2, 2012 No. ММВ-7-3/829. Also see “Moving from “imputation” to “simplified””.

However, it was previously provided that if an organization wants to switch to the simplified tax system from the new year, then its income for 9 months of the previous year should not exceed 45 million rubles excluding VAT, increased by the deflator coefficient (clause 1 of article 248, clause 2 of article 346.12 Tax Code of the Russian Federation).

For 2021, the deflator coefficient was determined as 1.329 (Order of the Ministry of Economic Development dated October 20, 2015 No. 772). Accordingly, if an organization wanted to switch to the simplified tax system from 2021, then its income for January – September 2021 should not exceed 59,805,000 rubles. (45,000,000 × 1.329).

In 2021, the situation is changing. The indicated limits have been increased. In paragraph 2 of Article 346.12 of the Tax Code of the Russian Federation, a fixed value is fixed - 112.5 million rubles. Therefore, organizations will be able to switch to the “simplified” system from 2021 if their income for 9 months of the previous year did not exceed 112.5 million rubles. Moreover, the deflator coefficient will be suspended until January 1, 2021. Accordingly, there is no need to apply a deflator to 112 million rubles.

The new limit (112.5 million rubles) can be applied from 2021. Accordingly, if an organization wishes to switch to the simplified tax system from 2018, then its income for January – September 2021 will not have to exceed 112.5 million rubles. It turns out that more organizations will be able to switch to the “simplified” system from 2021. Please keep in mind that individual entrepreneurs have the right not to take into account the restrictions on limits in order to switch to the simplified tax system. The increase in the said limit is provided for by Federal Law No. 401-FZ of November 30, 2016 “On Amendments to Parts One and Two of the Tax Code of the Russian Federation and Certain Legislative Acts of the Russian Federation.”

Results

The reporting and tax periods when applying the simplification are different. The reporting period is 3, 6 and 9 months of the current year, based on the results of which the taxpayer calculates and transfers advance payments to the budget. The tax period is 1 year. At the end of the tax period, a declaration is submitted and tax is paid minus advance payments. In some situations, the tax period is determined in a special manner.

Sources: Tax Code of the Russian Federation

You can find more complete information on the topic in ConsultantPlus. Free trial access to the system for 2 days.

The deadline for submitting a notification about the transition from UTII to the simplified tax system has been established

As we have already said, as a general rule, organizations and individual entrepreneurs switch to the simplified tax system from the beginning of the calendar year (clause 1 of article 346.13, clause 1 of article 346.19 of the Tax Code of the Russian Federation). However, special rules are provided for taxpayers switching to “simplified taxation” from another special regime – UTII. They can work for the simplified tax system from the beginning of the month in which the obligation to pay the “imputed” tax ceased (paragraph 2, paragraph 2, article 346.13 of the Tax Code of the Russian Federation). To make the transition to the simplified tax system, organizations and individual entrepreneurs need to submit to the tax authority a notification about the transition to the simplified tax system, the form of which is approved by Order of the Federal Tax Service of Russia dated November 2, 2012 No. ММВ-7-3/829.

The deadline for submitting the said notification about the transition to the simplified tax system was not previously determined by tax legislation. Therefore, legislators made changes to paragraph 4 of Article 346.13 of the Tax Code of the Russian Federation and stipulated that starting from 2021, a notification must be submitted no later than 30 calendar days from the date of termination of the obligation to pay UTII. Previously, the issue of the deadline for filing a notification was regulated only at the level of explanations from financiers (Letter of the Ministry of Finance of Russia dated September 12, 2012 No. 03-11-06/2/123). The amendment is provided for by Federal Law No. 401-FZ of November 30, 2016.

Deadlines for submitting a declaration under the simplified tax system for organizations and individual entrepreneurs

The deadline for submitting the declaration is established by Art.
346.23 Tax Code of the Russian Federation. Let's take a closer look at them.

TABLE: “Deadlines for submitting the simplified tax system declaration”

If the last day of the period falls on a day recognized in accordance with the legislation of the Russian Federation as a weekend and (or) a non-working holiday, then the declaration must be submitted no later than the next working day (Clause 7, Article 6.1 of the Tax Code of the Russian Federation). This rule also applies when the deadline for filing a declaration falls on a Saturday, which is a working day for your inspection. In this case, the Monday following the weekend will also be considered the deadline for filing the declaration.

Increased the amount of income to maintain the right to the simplified tax system

The Tax Code of the Russian Federation provides that if, after the end of the reporting (tax) period, the income of an organization or businessman exceeds a certain amount, then it is impossible to continue to apply the simplified tax system (Letter of the Ministry of Finance of Russia dated July 1, 2013 No. 03-11-06/2/24984).

The maximum income limit in 2021 was previously specified in paragraph 4 of Article 346.13 of the Tax Code of the Russian Federation in the amount of 60 million rubles. This amount was required to be increased annually by a deflator coefficient. For 2021, the coefficient was determined as 1.329 (Order of the Ministry of Economic Development of Russia dated October 20, 2015 No. 772). Using the coefficient, the maximum income limit under the simplified tax system in 2016 was RUB 79,740,000. (RUB 60,000,000 × 1.329).

From 2021, the maximum amount of income to maintain the right to “simplified” tax has increased to 150 million rubles. From 2021, you cannot receive more than this amount from business and remain on the simplified tax system. Therefore, companies or individual entrepreneurs need to ensure that their income for the first quarter, half of the year, 9 months, and 2021 does not exceed 150 million rubles. Otherwise, they will be deprived of the right to the simplified tax system from the beginning of the quarter in which income exceeds 150 million rubles. This is provided for by Federal Law No. 401-FZ of November 30, 2016.

Please note that the deflator coefficients have been suspended since 2017 until January 1, 2021. Therefore, 150 million rubles should not be indexed to coefficients from 2021.

If income in 2021 does not exceed 150 million rubles, then in 2021 it will be possible to continue to apply the simplified tax system without submitting any notifications to the tax office (clause 4.1 of article 346.13 of the Tax Code of the Russian Federation).

First (in 2021), legislators increased the income limit for 9 months from 45 to 90 million rubles, and the income limit for maintaining the right to the simplified tax system from 60 to 120 million rubles. We reported about this in the article “STS since 2017: how the limits on income and fixed assets will increase.” But then they changed their minds. And they increased the limits even more: to 112.5 and 150 million rubles, respectively.

For the simplified tax system, by order of the Ministry of Economic Development dated November 3, 2016 No. 698, a deflator coefficient of 1.425 was approved. However, this coefficient only misleads the “simplistic” people. There is no need to apply it in 2021. The fact is that the indexation of the income limit for the simplified tax system was suspended from 2021 to 2021 (clause 4 of article 5 of the Federal Law of July 3, 2016 No. 243-FZ). Therefore, in 2021, the income limit that allows you to remain on the simplified tax system should not be multiplied by a coefficient. From 2021, this limit will be equal to 150 million rubles.

What became different in 2021

Let us highlight the main changes that occurred in tax legislation regarding the simplified taxation system in 2017.

Changes in the transition to the simplified tax system

Individual entrepreneurs or organizations can switch to the simplified tax system from other forms of taxation, for example, from “imputation”; for this they need a special application submitted to the tax authorities on time.

1. The change affected the amount of income that an entrepreneur should not exceed in order to switch to the simplified tax system. Previously, in the 9 months preceding the transition to the “simplified” system from the beginning of the year, it was impossible to earn more than 45 million rubles. (excluding VAT and deflator coefficient). The deflator coefficient in force in 2021 was 1.329. Therefore, the real amount of income for the transition was limited to 45 million x 1.329 = 59 million 805 thousand rubles.

Now this limit has increased to 112.5 million rubles. – a fixed amount to which there is no need to apply a deflator coefficient, the relevance of which is “frozen” until 2021. That is, entrepreneurs will be able to switch to the simplified tax system with such an increased limit as early as 2018.

2. Another change related to the procedure for switching to the simplified tax system is the time frame within which you need to notify about it. Usually the transition was carried out from the beginning of the new calendar year.

Now there are innovations: if the transition is made from UTII, you can switch to the “simplified” tax from the month in which you stopped paying tax under the “imputed tax”. Legislators regulated the deadline for submitting a notice of transition - no later than a month after the last payment of UTII (paragraph 4 of Article 346.13 of the Tax Code of the Russian Federation).

Changes in maintaining the right to the simplified tax system

Legislation allows paying taxes under a simplified system only to those entrepreneurs and organizations whose income does not exceed a certain limit. If the profit received is greater than the figure specified in the law, then the businessman loses the right to the simplified tax system.

Previously, this amount was 60 million rubles, it had to be increased annually in accordance with the deflator coefficient, that is, in reality the figure was equal to 79,740,000 rubles.

In 2021, this limit increased to 150 million rubles, calculated from the beginning of the calendar year. If income at the end of the quarter or year exceeds this amount, then in the next quarter the right to the simplified tax system will disappear. The deflator, as in the case of the revenue limit, does not work.

Changes in valuation of fixed assets

It will not be possible to own assets worth more than the specified amount and still remain on the simplified tax system. Until 2021, the residual value of fixed assets, according to accounting results, could not be higher than 100 million rubles. This rule worked both for those using the simplified system and for those planning to switch to this system.

In 2021, legislators raised this bar to 150 million rubles.

Legal entities and individual entrepreneurs who have acquired large amounts of assets will not be able to remain in the simplified tax regime, starting from the quarter in which the established limit for the value of fixed assets was exceeded.

FOR YOUR INFORMATION! Legislators initially had plans to further increase the possible cost of fixed assets for “simplified” payers: the limit amount was called up to 1 billion rubles. But after assessing the prospects, officials came to the conclusion that at such a cost of fixed assets, tax revenues to the budget would decrease significantly, and the project was not adopted.

Adjustments to expense recognitions

Some rules for writing off certain costs as expenses have changed, which reduces the tax base. The amendments affected the following points:

• insurance premiums are now controlled by the Federal Tax Service and its inspectorates (news about this);
• mandatory payments can be made not only directly by taxpayers, but also by third parties (they cannot be recognized as expenses, but can be taken into account if the taxpayer was in debt to this third party);
• third-party assessment of employee qualifications, as well as its payment by the employer itself, can be taken into account as expenses.

Changes in the combination of tax systems

It is allowed to combine the simplified tax system with UTII. In this case, it was necessary to keep records separately for each tax system or distribute expenses proportionally.

From now on, the same scheme will work not only when combined with imputation, but also with the patent system: profits under these tax systems do not increase the tax base under the simplified tax system.

Changes for individual entrepreneurs when paying single tax and insurance premiums

The insurance premiums that the individual entrepreneur paid not for his employees, but for himself, reduced his tax base by a certain “fixed amount.” In fact, the figure was fixed only regarding the payment of contributions on income up to 300,000 rubles. in year. What was paid on income above this amount was no longer a fixed amount, since it varied depending on the amount of income.

2017 really fixed the amount of insurance premiums for individual entrepreneurs: you can reduce the tax on the simplified tax system for all insurance premiums paid “for yourself.”

New ledger form

The income and expense accounting book, which is required to be maintained on the simplified tax system, must comply with the new standards developed in Order of the Ministry of Finance of Russia dated October 22, 2012 No. 135n.

1. In the new sample accounting book, another section has appeared where you need to reflect the trading fee.
2. Printing for this book is optional if it is not used by the individual entrepreneur at all.
3. In the column concerning income (column 4 of section 1) from 2021 there is no need to reflect the profits of foreign companies controlled by the organization.

You need to keep the book in a new way from January 2021; there is no need to redo the old model.

Minimum tax from now on without special BCC

Entrepreneurs working under the simplified tax system “Income minus expenses” paid the minimum tax under a separate KBK, which caused confusion with a different code for other payments.

Now the minimum tax will need to be paid according to the same BCC as the single tax, as well as arrears and/or penalties, namely 18210501021011000110.

Updated declaration

A declaration in the new form, approved by the Federal Tax Service, must be submitted for 2021. Deadlines for submission:

• for individual entrepreneurs – until May 3, 2021;
• for organizations – until March 31, 2021.

Changed points when filling out the declaration form:

• a separate section for payers of the simplified tax system under the “income” system, which reflects the trade fee;
• when the object of taxation is “income” in the declaration, you can now adjust the tax rate according to the simplified tax system (especially convenient for entrepreneurs who are subject to “tax holidays”);
• the new form does not contain taxation object codes that duplicate the names of sections;
• there is no longer a fixed and designated place for printing, since it is optional for use;
• The new declaration form has 6 sections.

REFERENCE! The new form of the declaration is fixed by order of the Federal Tax Service of Russia dated February 26, 2021 No. ММВ-7-3/99.

The limit on the residual value of fixed assets has been increased

In 2021, a company could apply the simplified tax system if the residual value of its fixed assets did not exceed 100 million rubles. This value is determined according to the accounting rules (clause 16, clause 3, article 346.12 of the Tax Code of the Russian Federation). Also see “Accounting on the simplified tax system”.

Organizations both planning to apply the simplified tax system from the beginning of the new year and those already using the simplified system need to monitor the limit on residual value.

From 2021, the maximum asset value limit has increased from 100 to 150 million rubles. Accordingly, from January 1, 2017, companies and individual entrepreneurs have the right to rely on the new maximum limit on the residual value of their fixed assets.

Keep in mind that individual entrepreneurs do not have the obligation to control the residual value of their assets when switching to the simplified tax system. But if an individual entrepreneur is already running a business using a “simplified” system, then he is obliged to monitor these indicators on an equal basis with organizations (letter of the Ministry of Finance of Russia dated January 20, 2016 No. 03-11-11/1656).

How to switch from simplified tax system to another system

Both an entrepreneur and an organization have the right to switch to OSNO or another tax regime from the beginning of the reporting period.

As is the case with the transition to this system, you need to submit an application to the tax office.

The form must be filled out before January 15 of the year when it is planned to replace the simplified tax system with another system.

Important: if January 15 falls on a weekend, the application is submitted on the working day closest to this date.

In 2021, two points were changed in the simplified tax system.

The limit for switching to this regime was increased, and the amount of the residual value of fixed assets in monetary terms was also increased.

You can switch to the simplified tax system by submitting an application within the period established by law.

To do this, an enterprise or organization must be classified by type of activity, number of employees and some other parameters.

If desired, you can switch to a more suitable tax regime from the simplified tax system.

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simplified tax system in 2021, tax notice, insurance premiums

The procedure for recognizing expenses for taxes, fees and insurance premiums has been clarified

Organizations and individual entrepreneurs using the simplified tax system with the object of taxation “income minus expenses” have the right to reduce income by certain expenses when determining the tax base. Until 2021, it was envisaged that expenses incurred for paying taxes, fees and repaying debts on them could be written off as expenses (clause 3, clause 2, article 346.17 of the Tax Code of the Russian Federation). So, in particular, the costs can take into account:

• “input” and “import” VAT on purchased goods (works, services);
• other taxes (advance payments thereon) and fees paid in accordance with the legislation of the Russian Federation or additionally accrued as a result of an audit. For example - personal income tax, property tax, land tax, transport tax, state duty and trade tax. Starting from 2021, two important amendments have been made to this norm.

Amendment 1: Recognition of premium expenses

From 2021, insurance premiums come under the control of the Federal Tax Service and its inspectorates. See "Insurance premiums from 2021: overview of changes."

In 2021, insurance contributions (for example, pension, medical, or contributions for temporary disability and maternity) can be taken into account when calculating the simplified tax system. In subparagraph 3 of paragraph 2 of Article 346.17 of the Tax Code of the Russian Federation, legislators prescribed the procedure for recognizing expenses for the payment of insurance premiums and debts on them. Starting from 2021, expenses for taxes, fees and contributions must be recognized in the following order:

Amendment 2: recognition of expenses incurred by third parties

In 2021, taxes, fees and insurance premiums for organizations or individual entrepreneurs (including those using the simplified tax system) can be paid by third parties. Legislators made such an amendment to Article 45 of the Tax Code of the Russian Federation. Previously, it was provided that the taxpayer was obliged to fulfill the payment obligation independently. Also see “What will change in 2021: taxes, insurance premiums, benefits, reporting, accounting and online cash registers.”

It is possible that in 2021 a third-party organization, individual entrepreneur or individual will pay his taxes, fees or insurance premiums for the “simplified person”. Will it be possible to take such payments into account when calculating the “simplified” tax? No, starting from 2021, third party payments for taxes, fees and contributions cannot simply be attributed to expenses. However, in subparagraph 3 of paragraph 2 of Article 346.17 of the Tax Code of the Russian Federation, legislators provided that expenses can be recognized after repayment of the resulting debt to a third party. Let us explain the procedure for recognizing such expenses in the table.

Thus, in order to take into account payments from third parties in expenses from 2021, it will be necessary to return to these persons the amounts they spent on paying taxes, fees and insurance premiums (or debts on them). This is provided for by Federal Law No. 401-FZ of November 30, 2016.

The essence of the simplified tax system 2021

STS – simplified taxation system

. This is a special regime that allows you to significantly reduce the tax burden and reporting for entrepreneurs and LLCs compared to the OSNO tax (general taxation system).

There are two types of taxation under the simplified tax system:

• simplified tax system Income 6%;
• Simplified taxation system Income minus expenses 15%

Simplified taxation system Income 6% in 2021

USN Income 6%

— implies payment of a tax in the amount of 6% of the total turnover of the types of activities to which this special regime applies.

This tax regime is best suited for the service sector and retail trade, where there is a high margin (that is, simply mark-up on goods).

This taxation should be used if your clients are not only individuals, but also legal entities, as well as budgetary organizations.

Example: You provided some service worth 100,000 rubles, in this case the tax amount will be 100,000 * 6% = 6,000 rubles.

At the same time, the number of expenses that you incurred (with services they are minimal) is of no interest to anyone at all.

Simplified tax system 15% in 2021

Income minus expenses 15%

— implies payment of a tax in the amount of 15% of the organization’s net profit.

Most often, the simplified tax system of 15% is used for wholesale sales, or with a minimum margin (small markup on the product).

To put it simply: when your business has a lot of expenses, it will be more profitable to use the simplified tax system of 15%.

Example: You provided a service worth 100,000 rubles, and you incurred expenses of 75,000 rubles.

In this case, the tax amount will be: (RUB 100,000 – RUB 75,000)*15% = RUB 3,750.

IMPORTANT! The simplified taxation system replaces the OSNO tax. It is also prohibited to apply simultaneously the simplified tax system Income 6% and the simplified tax system Income minus expenses 15%; according to the law, you can only apply one of these tax regimes.

But it is not prohibited to change them in accordance with the law. As a rule, in 95% of cases since the beginning of the New Year

Simplified tax system 0% in 2021

At the moment, there are so-called tax holidays, in which the tax rate of the simplified tax system = 0.

In relation to the simplified tax system, tax holidays are applicable, with several restrictions:

• They are available only for newly opened IPs;
• Activities must be social, scientific or industrial.

What types of activities fall under tax holidays, that is, simplified tax system = 0, are decided by regional authorities.

You can see a list of these types of activities on the website of the city administration where your individual entrepreneur is open.

Look through everything carefully and you will find this regulation.

You can take into account the costs of an independent assessment

Since 2021, the Federal Law of July 3, 2016 No. 238-FZ “On independent assessment of qualifications” has come into force. See Independent Workforce Assessment: What You Need to Know.

From 2021, organizations and individual entrepreneurs using the simplified tax system with the object “income minus expenses” will be able to take into account the costs of an independent assessment of the qualifications of employees in expenses (clause 33, clause 1, article 346.16 of the Tax Code of the Russian Federation). For these purposes, the rules will be applied according to which the cost of such an independent assessment is taken into account in income tax expenses. That is, in particular, the organization and individual entrepreneur will have to have documents confirming an independent assessment. For more information about this, see “STS: accounting for the costs of an independent assessment of qualifications in 2021.”

We clarified the conditions for combining the simplified tax system with UTII or the patent system

Until 2021, it was stipulated that when combining the simplified tax system and UTII, it was necessary to keep separate records of income and expenses for each applicable tax regime. If it is impossible to organize such accounting, then when calculating the tax base, expenses must be distributed in proportion to the shares of income under different regimes (clause 8 of Article 346.18 of the Tax Code of the Russian Federation).

From 2021, exactly the same procedure will be used not only for UTII, but also in the case of combining the simplified tax system and the patent taxation system, which individual entrepreneurs can apply. At the same time, it is clarified that income and expenses under UTII and the patent system do not need to be taken into account when calculating the tax base under the simplified tax system. This is provided for by the new wording of paragraph 8 of Article 346.18 of the Tax Code of the Russian Federation. Thus, revenues from a patent or “imputed” single tax under the simplified tax system will not increase. These amendments to the Tax Code of the Russian Federation since 2017 are provided for by Federal Law No. 401-FZ dated November 30, 2016.

What is the simplified tax system

Taxpayers use different taxation systems in their activities, one of which is the simplified tax system.
The abbreviation USN stands for simplified taxation system. This system is very popular among taxpayers due to the fact that it makes it possible to save money on taxes and reduce the time for accounting and reporting. This system is popularly called “simplified”. You can switch to the simplified tax system voluntarily from January 1 of the next year - this is the right of the taxpayer, and you can return to other taxation systems with the simplified tax system not only at your own request, but also without fail based on legislative norms.

We clarified how individual entrepreneurs can reduce the single tax on insurance premiums

Until 2021, individual entrepreneurs (IP) without employees using the simplified tax system with the object “income” had the right to reduce the amount of “simplified” tax (advance payments) on insurance contributions paid “for themselves” to the Pension Fund of the Russian Federation and the Federal Compulsory Medical Insurance Fund in a fixed amount (clause 3.1 Article 346.21 of the Tax Code of the Russian Federation). However, the wording “at a fixed rate” has often caused controversy among the accounting community. The fact is that individual entrepreneurs’ insurance premiums “for themselves” are formed from two values:

1. a fixed amount of contributions, which is calculated based on their income not exceeding 300,000 thousand rubles per year;
2. the amount of contributions, which is calculated at 1% of income exceeding 300,000 rubles.

Some accountants believed that the amount of contributions from an income of more than 300,000 rubles is a variable value and cannot be called “fixed contributions.” Hence, disputes arose about whether the “simplified” tax could be reduced by such amounts of contributions.

From 2021, disputes in this regard should disappear, since the provisions of Article 430 of the Tax Code of the Russian Federation will clearly establish that the entire amount of individual entrepreneurs’ contributions “for themselves” is fixed. In paragraph six of clause 3.1 of Article 346.21 of the Tax Code of the Russian Federation, which allows individual entrepreneurs to reduce the tax under the simplified tax system on insurance premiums “for themselves”, from 2021 it was prescribed that the single tax can be reduced for pension and medical contributions. The mention of “fixed size” has disappeared from this norm. Accordingly, the simplified tax system can be reduced by the entire amount of contributions that the individual entrepreneur transfers “for himself.” Also see “Insurance premiums of individual entrepreneurs “for themselves” in 2017: how much to pay to the Federal Tax Service.”

How to reduce the simplified tax system “Income”

Insurance premiums for individual entrepreneurs and employees can be deducted from the tax. To do this, follow two main rules:

• An individual entrepreneur without employees can reduce the tax completely, but an individual entrepreneur with employees and all LLCs can only reduce it by half.
• The tax is reduced only by those contributions that you paid in the same period for which you are calculating the tax. For example, on March 18 you paid 10 thousand rubles in insurance premiums. By this amount you will reduce the simplified tax system for the first quarter.

Read about the nuances of tax reduction in the article “How to reduce the amount of tax on the simplified tax system.”

Developed a new form of income and expense accounting book

Starting from 2021, organizations and individual entrepreneurs on the simplified market must keep an updated book of income and expenses, approved by Order of the Ministry of Finance of Russia dated October 22, 2012 No. 135n. The updated book has a new section V, in which taxpayers using the simplified tax system with the object “income” must show a trade fee that reduces tax under the simplified tax system. Previously, there were no special lines in the book for trade collection. In addition, starting from 2021, it will be necessary to affix a stamp in the book of accounting and expenses if the organization, in principle, has such a stamp. That is, the presence of a seal will become optional. Also, in column 4 “Income” of Section I of the book, there is no need to indicate the profit of controlled foreign companies. More information about this will appear in the order in which you fill out the book. You can familiarize yourself with the draft of the new book of accounting and expenses under the simplified tax system by following the link.

The updated book must be used from January 1, 2021. There is no need to redo the book of income and expenses that was kept in 2016. Order of the Ministry of Finance, which made changes to the book of accounting of income and expenses according to the simplified tax system - dated December 7, 2010 No. 227n. For more details, see “New form of book for accounting income and expenses under the simplified tax system from 2021: what has changed.”

How to pay and report according to the simplified tax system

The simplified tax system is paid every quarter:

• until April 25 - for the first quarter;
• before July 25 - for half a year;
• before October 25 - 9 months;
• until March 31 for an LLC, until April 30 for an individual entrepreneur - the final calculation of the simplified tax system for the year.

The Declaration of the simplified tax system is submitted once a year - before March 31 for an LLC, until April 30 for an individual entrepreneur. If the deadline falls on a weekend or holiday, it is moved to the next business day.

In addition, you need to keep a book of income and expenses. You don’t hand it over to the tax office until she asks.

We recommend reading the articles:

“Reporting of individual entrepreneurs on the simplified tax system”

“LLC reporting on the simplified tax system”

“How to keep a book of income and expenses”

The BCC for the minimum tax under the simplified tax system has been abolished

From 2021, a separate BCC for the minimum tax paid by companies using the simplified tax system with the object “income minus expenses” has been abolished (Order of the Ministry of Finance of Russia dated June 20, 2016 No. 90n).

BCCs used in 2021 to pay the single tax, arrears and penalties under the simplified tax system will be used from 2021 also to pay the minimum tax. In connection with this change, the minimum tax for 2021 will need to be transferred to the KBK for the usual “simplified” tax - 18210501021011000110. See “KBK according to the simplified tax system in 2017”.

Note that previously for companies on the simplified tax system with the object “income minus expenses” there were two separate codes. This caused confusion. If a company mistakenly transferred advances to the minimum tax KBK, then inspectors assessed penalties. This, of course, was unfair. See “The BCC will be abolished for paying the minimum tax under the simplified tax system.”

Read also

19.01.2017

Which simplified tax system to choose

This depends on two factors:

• What tax rate applies in your region. Look on the tax website in the “Features of regional legislation” section. It may turn out that for your business the rate of the simplified tax system “Income minus expenses” is even less than the simplified tax system “Income”.
• The amount of business expenses. Typically, the simplified tax system “Income” is suitable for the service sector, where costs are small, and the simplified tax system “Income minus expenses” is suitable for trade. If the simplified tax system rate is the maximum, then the share of business expenses should be 70-80% in order for applying the simplified tax system of 15% to be profitable.