Simplified Taxation System: installment of payment and service for the right to receive a tax deferral

LEGAL DIGEST, NEWS \ 22.04.2022

The Government of the Russian Federation has issued a Resolution extending the tax payment period by 6 months for companies applying the simplified taxation system.

According to the text of the document, organizations applying the simplified taxation system (STS) and carrying out activities in accordance with the Appendix No. 512 to the Decree of the Government of the Russian Federation dated March 30, 2022, can pay tax on new terms:

• October 31, 2022 (instead of March 31) – payment of tax on the STS for 2021;
• November 30, 2022 (instead of April 30) – payment of tax on the STS for the first quarter of 2022.

It is necessary to pay the tax in equal parts in the amount of 1/6 monthly, starting from the month following the new payment term, until the full payment of the tax or advance payment.

In order to understand whether an organization has the right to installments to pay a simplified tax, it can use a special service developed by the bodies of the Federal Tax Service. To do this, it is necessary to enter its taxpayer ID number in the search box on the service’s website.

Please be reminded that the STS is a special tax regime that organizations can voluntarily switch to if a number of conditions are met:

• amount of income for the first nine months of the year in which the company submits a notification of the transition to the STS is 112,500,000 rubles;
• average number of employees is not more than 130 people;
• depreciated book value of fixed assets is 150,000,000 rubles;
• maximum share of participation of other organizations in the company is 25%;
• organization does not have branches and other separate subdivisions.

It is possible to switch to the STS simultaneously with the registration of the company or from another tax regime, but from the next calendar year. When applying the STS, organizations are exempt from the following taxes:

• corporate profit tax, with the exception of tax paid on income from dividends and certain types of promissory notes;
• property tax;
• VAT, except in a number of cases.

It is possible to pay the tax at the rate:

• 6% – when selecting the object “income”;
• 15% – when selecting the object “income-expenses”.

In the matters of the transition of companies to a simplified taxation system and payment of tax on it, please contact Acsour specialists.