Simplified taxation system (STS) with the object “Income” in 2020

Simplified tax system and criteria for its use

In order to be able to use one of the simplest tax regimes in their activities - simplified taxation, a legal entity or individual entrepreneur must comply with a number of certain numerical indicators (Article 346.12 of the Tax Code of the Russian Federation):

• The number of employees is no more than 100 people.
• The residual value of the fixed assets is no more than 150 million rubles.
• The share of participation of other legal entities is no more than 25%.
• The limit on the simplified tax system for income received for the entire tax period (year) is not higher than 150 million rubles. (clause 4 of article 346.13 of the Tax Code of the Russian Federation).

Other important criteria are (Article 346.12 of the Tax Code of the Russian Federation):

• Lack of branches.
• Failure to carry out certain activities (clause 3 of Article 346.12 of the Tax Code of the Russian Federation).

If at least one of the listed criteria is no longer met, the simplified tax system cannot be applied.

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What criteria are reflected in the notification of transition to the simplified tax system?

To work on the simplified tax system from 2020, organizations indicate the selected tax object, the amount of “transitional” income and the cost of fixed assets (residual as of 10/01/2018) in the Notification of the transition to a special regime (form No. 26.2-1, approved by order of the Federal Tax Service dated 02.11.2012 No. ММВ-7-3/829), which is sent to the Federal Tax Service. It is enough for an individual entrepreneur to indicate in the document only the object of taxation.

Newly created individual entrepreneurs and special regimes are given 30 days from the date of state registration to notify the tax authorities, and other entities must notify the tax authorities about the transition no later than December 31 of the current year (in 2020 this is a day off, which means the deadline is postponed to 01/09/2019).

Individual entrepreneurs and companies that do not submit notification of the transition within the prescribed period will not be able to apply the “simplified procedure”, even if they comply with all the necessary criteria.

Limit on the simplified tax system for 2019-2020 for those planning to switch to a special regime

If an organization plans to switch to the simplified tax system from next year, it needs to take into account that its revenue for 9 months of the current year is also regulated. The limit on the simplified tax system for 2020, exceeding which will not allow switching to a special regime from 2020, is 112.5 million rubles.

NOTE! The limit set for the transition to a simplified simplified tax system 2019-2020 is valid only for organizations. If an individual entrepreneur decides to switch to the simplified tax system, there is no limit on the amount of revenue for 9 months of the year preceding the transition to the simplified tax system.

Both limits (for income for 9 months and for the entire annual income) under the simplified tax system in 2019-2020 do not provide for changes (indexation) of the income limit depending on the value of the deflator coefficient. The above values ​​of the general income limit under the simplified tax system in 2019-2020 and the limit established for 9 months of 2019-2020 have been put into use since 2020.

Despite the fact that their indexing is provided for in the text of Art. 346.12 and 346.13 of the Tax Code of the Russian Federation, the application of the deflator coefficient to the values ​​of the simplified tax system limit for 2019-2020 is not carried out, because indexation is frozen for the period until 2021 (Law “On Amendments...” dated 07/03/2016 No. 243-FZ).

Find the odds rates planned for 2020 here.

Changes to the simplified tax system in 2020: conditions of application, restrictions and limits

• changing the calculation process, increasing the previously established amount of insurance premiums for entrepreneurs for themselves;
• changing the period within which a contribution of 1% of income can be made after exceeding the mark of 300 thousand rubles;
• changing the size of the maximum amount of the paid contribution for income above 300 thousand rubles;
• introduction of an additional tax deduction regarding the costs of independently purchasing cash register equipment for a number of categories of simplified customers;
• an increase in the maximum earnings (after reaching it, all insurance contributions sent to the Social Insurance Fund and the PRF begin to be calculated at reduced rates).

• according to the scheme, within two weeks from the end of the quarter, send reporting No. 26.2-2 to the tax service, completed in accordance with all recommendations;
• complete all required accounting calculations with the budget according to the simplified tax system;
• update all values ​​and send a simplified declaration to the tax service by the twenty-fifth day of the month following the quarter in which the simplified limit for 2020 was exceeded;
• starting from the very first day of the quarter in which the required income limit under the simplified tax system for 2020 was not met, it is necessary to begin fulfilling all obligations in full compliance with the simplified tax system.

Limit on simplified tax system for 2019-2020 for existing companies

If the income of a simplified worker in any period of 2019-2020 exceeds the established simplified tax system income limit of 150 million rubles, he loses the opportunity to work on the simplified tax system.

You must report the loss of your right to the simplified tax system to the tax office. How such a message is filled out is discussed in detail in the Ready-made solution from ConsultantPlus. Get free access to the system and proceed to the explanations and completed sample.

The limit on the simplified tax system for 2019-2020 in terms of the total annual income will be applied until 2021, without being subject to indexation.

Find out how deflator coefficients will affect the income limit under the simplified tax system in the coming years from this message.

If you decide to voluntarily switch from the simplified tax system to a different tax regime, read the message “Notification of leaving the simplified tax system is required.”

Simplified taxation system for individual entrepreneurs 2020: everything you need to pay (table)

Like any other special tax regime, the simplified tax system provides for one main type of deductions, which replaces several others. Thus, payers of the single simplified tax are exempt from:

• personal income tax;
• Property tax for individual entrepreneurs;
• VAT.

What taxes and when should individual entrepreneurs pay on the simplified tax system in 2020:

As can be seen from the table, if a simplified individual entrepreneur has employees, then he becomes a full-fledged tax agent, which means he transfers all “salary” taxes on a general basis.

Results

When planning the transition to the simplified tax system, organizations must take into account the limit on the simplified tax system established in relation to income for 9 months of the year preceding the transition to this special regime. This limit of the simplified tax system for 2019-2020 for an LLC is 112.5 million rubles.

Existing payers of the simplified tax system (both organizations and individual entrepreneurs) must control the maximum amount of annual revenue, exceeding which entails a ban on the use of this special regime. The income limit of the simplified tax system for 2019-2020 is 150 million rubles.

Income for determining the limits of the simplified tax system for 2019-2020 is determined by the cash method.

Sources:

• Tax Code of the Russian Federation
• Federal Law of July 3, 2016 N 243-FZ “On amendments to parts one and two of the Tax Code of the Russian Federation in connection with the transfer to tax authorities of powers to administer insurance contributions for compulsory pension, social and medical insurance”

You can find more complete information on the topic in ConsultantPlus. Full and free access to the system for 2 days.

Simplified taxation system in Belarus

• produce excisable products;
• sell jewelry and other products made using precious stones and metals;
• provide for rent/leasing or other use of houses, buildings, places for cars that are not their property;
• sell the rights to own a trademark, company name, service mark, etc.;
• work in the gambling business;
• carry out real estate and insurance activities;
• registered as a simple partnership;
• institutions of banks, microfinance organizations;
• residents of tourist parks and free economic zones;
• other types of activities provided for by Belarusian law.

• the average number of employees of an organization that does not pay VAT under the simplified tax system is no more than fifty employees;
• the average number of employees of an organization paying VAT under the simplified tax system is no more than one hundred employees;
• the amount of gross revenue in an increasing total for nine months does not exceed the established value, for example, for individual entrepreneurs (both paying and not paying VAT) - no more than 315,000 Belarusian rubles.

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Simplified registration procedure

In addition to the fact that the government did not change the simplified tax system limit for 2020 for LLCs and individual entrepreneurs, leaving it at the same level, a simplified procedure for official registration will be available to such businesses.

To obtain all the necessary documentation, next year you will not have to waste time visiting the tax office, which is not always convenient. Now the entire package of documents will be automatically sent to the company’s email immediately after registering a business. And in order to receive documents in paper form, you will have to submit a separate application, a sample of which can be obtained from the tax office.

Having a seal will also no longer be a prerequisite for carrying out business activities. As the experience of previous years has shown, this was a real problem when it was necessary to certify corrections in the Book of Expenses and Income, which previously could only be done using a seal.

Contrary to numerous forecasts, the government does not plan to abolish the simplified tax system for individual entrepreneurs in 2020. But it is possible that this will be implemented in 2020 if the country’s economy is able to cope with the crisis and demonstrates stable growth dynamics.

Simplified reporting

A prerequisite for carrying out private business activities is the timely submission of reports, which must be drawn up taking into account the current rules and recommendations. But not every business owner is a specialist in this field, and therefore many have to resort to the help of hired specialists or staff their staff with accountants, which significantly increases the expenditure side of the enterprise’s budget.

To save businesses from a ton of unnecessary reporting, the Ministry of Finance initiated the abolition of declarations under the simplified tax system from 2020. However, it is possible that this will even apply to the final reporting for 2018.

To take advantage of this advantage, an entrepreneur must fulfill one mandatory condition - use the online cash register during the entire reporting period. However, most likely, this will only be relevant for SMEs with the “Income” object, since calculations for “Income minus expenses” are carried out using a more complex formula, where it is no longer possible to do without filing a declaration.

Entrepreneurs themselves are skeptical about the abolition of declarations for the simplified tax system from January 1, 2020, as they believe that summing up all receipts, calculating the amount of taxes and entering the results into the report is not at all difficult, even for someone who does not have specialized knowledge. The only people who will benefit from this are the tax authorities, whose workload will be significantly reduced.

Tax accounting policy of the simplified tax system “Income” (2020, sample)

According to general rules, tax accounting policies are drawn up in cases where legislation provides a choice of one or another method of determining the tax base. The procedure for recognizing income under the simplified tax system for determining the tax base is established by Chapter 26.2 of the Tax Code of the Russian Federation and does not imply an alternative.

Therefore, tax accounting policies under the simplified tax system with the object “Income” do not need to be drawn up.

In the case of drawing up a tax policy, it is enough to indicate that:

Income accounting in connection with the application of the simplified taxation system is carried out in the tax accounting register KUDiR, the form of which is given in the appendix to the order on accounting policy.

Rate of the simplified tax system with the object “Income”

The tax rate under the simplified taxation system for such an object, established by federal legislation, is 6%.

Regional authorities are given the right to make changes to the specified rate in the range from 6 to 1%. Newly registered individual entrepreneurs with an industrial or social profile by type of activity can apply a zero rate for two tax periods, if such a rate is valid in their region.

For example, the rate of the simplified tax system “Income” (St. Petersburg, 2020) is 6%. From 01/01/2016 until 01/01/2021 in St. Petersburg there is a zero rate for newly registered individual entrepreneurs with a production and social focus. The list of activities that allow the use of a zero rate of the simplified tax system for individual entrepreneurs is established by the St. Petersburg Law of June 10, 2015 No. 329-62.

To apply the zero rate under the simplified tax system, there is a limitation on the number of hired employees of individual entrepreneurs and it should not exceed 15 people.