Elena realized that her business was still too small, and she was not ready to pay taxes on a general basis. And due to lack of experience, she could not cope with paperwork. Therefore, she decided to learn about special systems that are designed to simplify the payment of taxes.
Enlarge imageThe simplified system allows you to keep records without additional help
The simplified system allows you to keep records without additional help
USN is a simplified taxation system, and it is not called that for nothing. It all comes down to filing just one document for the entire year - a tax return.
This regime is very convenient in that it provides a small financial burden, and also eliminates red tape. The entrepreneur is exempt from everything listed above: personal income tax, VAT, and transport/land/property tax.
Although an individual entrepreneur on the simplified tax system is laos business email list only required to submit a tax return, it is still necessary to keep records of income and expenses. Reports are submitted at the entrepreneur's residential address.
There are two simplified tax system options that you can choose from:
Income Income minus expenses
Only income from which 6% of taxes are withheld is taken into account. Depending on the region, it may differ and range from 1% to 6%. The difference between income and expenses for the reporting period is taken into account. A 15% tax is withheld, but depending on the region, it may vary from 5% to 15%.
It is only beneficial for those with small expenses, since they are simply not taken into account. Income is generated for the entire billing year, but payment is made once a quarter as advances. This helps to relieve the burden of paying taxes, and payments are received evenly. It is beneficial if expenses make up more than half of the income. Payment is also made quarterly. The main thing is to collect all the documents that confirm the fact of expenses: checks, statements, etc.
If these methods of paying taxes seem attractive to you, then do not rush to apply for a simplified tax system - what if your business is not suitable? In paragraph 3 of Article 346.12 of the Tax Code of the Russian Federation, it is explained who exactly cannot apply for it.
Who is not eligible for the simplified system:
