The tax holidays will be extended for another 2 years. Such measures have been taken to exempt entrepreneurs from inspections.
The three-year tax break will end very soon. The President of the Russian Federation extended them for another 2 years a few days ago. Small and medium-sized businesses are exempt from tax audits for this period.
Grace period
Today, about 500 thousand entrepreneurs enjoy tax holidays. This growth in the number of businessmen shows that the measures taken are effective. They contribute to the fruitful work of self-employed citizens. First of all, owners of small and medium-sized businesses are exempted from scheduled inspections. But there are areas where constant monitoring is necessary. That is, such areas of activity that affect the safety and life of citizens. Enhanced control will be exercised in relation to enterprises operating in specific sectors. For example, the turnover of metals. In the near future, ministers must take measures to extend the grace period.
Road map
Currently, a "road map" has been created. It is necessary to provide small and medium-sized businesses with preferential terms for a loan. With its help it will be possible to:
- make loan rates lower;
- issue more loans;
- reduce the time for consideration of applications.
Such measures have been taken because loan rates for businessmen are quite high. Such conditions are not conducive to the development of entrepreneurship. In this case, stimulating banks will be an important program. This is necessary for credit institutions to actively issue loans to small and medium-sized businesses. The sale of the card will reduce the loan rate by 1.5% or more.
In general, the extension of tax holidays will help entrepreneurs to do their business more efficiently. It will allow you not to be distracted from the performance of your duties.
