The need to pay the minimum tax can be imposed on entrepreneurs on the simplified tax system, who have chosen “income minus expenses” as the object of taxation. The obligation to pay it arises when the amount of expenses exceeds income, or when they turned out to be approximately equal.
When is the minimum tax paid?
The minimum tax is paid only under the STS “income minus expenses”. Since under the simplified tax system "income", the expenditure side is not taken into account when paying tax. And the entrepreneur can only get a loss in fact, and even with such an outcome he will have to pay tax in
the amount of 6% of the proceeds received.
The minimum income is paid at the end of the year. Its rate is set at 1% of the amount of income. It is paid in the event that the amount of the minimum tax is higher than that which was calculated in the general case. For example, the company received revenues in the amount of 30 million rubles for the year, expenses for the same period - 29 million rubles. The tax base in this case will be equal to 1 million rubles. Accordingly, the amount of tax at a rate of 15% is 150 thousand rubles. Whereas the minimum tax is 300 thousand rubles. (30,000,000 * 0.01). It is this amount, and not 150 thousand rubles, obtained under the standard calculation scheme, and will need to be transferred to the budget.
A similar situation arises with losses received for the year. On a general basis, the amount of tax payable will be zero, and the tax will have to be paid at the rate of 1% of the turnover. If the loss was received at the end of a quarter, half a year or three quarters, the minimum tax is not paid. In this case, advance payments are simply not transferred. There are situations when the single tax is equal to the minimum. Then it is necessary to pay a single tax.
It is worth noting that the minimum tax BCC is different (182 1 05 01 050 01 1000 110). It is also necessary to indicate in the purpose of payment that this is the minimum tax.
Minimum Tax Decrease Procedure
The minimum tax can be reduced by upfront payments. If at the end of the year it becomes clear that it is necessary to pay the minimum tax, then it is paid in the amount of the difference between the payments paid during the year and the calculated tax. Sometimes the tax office requires you to submit an application for offsetting advance payments against the payment of the minimum tax.
For example, the company received revenue of 5 million rubles per quarter, its expenses amounted to 4.8 million rubles. Accordingly, she paid advance payments in the amount of 30 thousand rubles three times. (total - 90 thousand rubles). At the end of the year, her income amounted to 20 million rubles, expenses - 19.2 million rubles. On a general basis, a tax of 120 thousand rubles was calculated. (800,000 * 0, 15). Therefore, she needs to pay a minimum tax of 200 thousand rubles. Advance payments in the amount of 90 thousand rubles are deducted from this amount, i.e. the balance of 110 thousand rubles is transferred to the budget.
If it turns out that the advance payments have exceeded the amount of the calculated minimum tax, then you do not need to pay it. And the excess amount can be offset in the future, or you can apply to the tax office for a refund.
There are no other ways to reduce the minimum tax. So, it cannot be reduced by the amount of paid insurance premiums for employees. Since these payments are already included in the amount of expenses incurred.
