It is possible to calculate the tax consequences of a business and choose a suitable taxation system at the very beginning of a business. Study the Tax Code and regional requirements and determine the best combination of tax regimes.
Instructions
Step 1
An individual entrepreneur, depending on the type of activity, uses one or more existing tax systems. For the correct choice of the application of the method of paying taxes and reporting, follow the rules given in the second part of the Tax Code of the Russian Federation.
Step 2
In the case of choosing a general taxation system, an individual entrepreneur pays all taxes related to his activities. Obligatory payment of value added tax (VAT), personal income tax (personal income tax), unified social tax (UST) and property tax of individuals.
Step 3
When a taxable base appears, an entrepreneur is obliged to pay other taxes under the general taxation system:
- transport tax (if there is transport);
- land tax (with a land plot owned);
- contributions for compulsory pension insurance;
- insurance contributions for compulsory social insurance against industrial accidents and occupational diseases.
Step 4
The simplified taxation system (STS) is a special tax regime. Its characteristics are given in clause 2 of article 18 of the Tax Code of the Russian Federation. The decision to use the simplified tax system is made by an individual entrepreneur voluntarily. When switching to the simplified tax system, there is an obligation to pay a single tax. Under the simplified tax system, the entrepreneur does not pay VAT (except for VAT on imports), personal income tax, property tax, unified social tax. These taxes are not levied only on the income and property of the entrepreneur associated with activities under the simplified tax system.
Step 5
The unified tax on imputed income (UTII) is another special tax regime. The use of UTII is established by Chapter 26.3 of the Tax Code of the Russian Federation and is mandatory. In the case of applying UTII, tax is not levied on real, but on imputed (established) income.
Step 6
As in the case of using the simplified tax system, with UTII, the entrepreneur does not pay VAT, personal income tax, unified social tax and property tax. Property in the field of activity under UTII and the income received at the same time are exempted from the listed taxes. UTII does not exempt an entrepreneur from paying land and transport taxes, state duties, excise taxes, VAT on imports.
Step 7
The Unified Agricultural Tax (USNH) applies to agricultural producers. This system is established by Chapter 26.1 of the Tax Code of the Russian Federation and is applied on the basis of a voluntary decision of the entrepreneur.
