The simplified taxation system (STS) is a special tax regime that can be used by small and medium-sized enterprises to reduce the tax burden and simplify their work. The simplified tax system was introduced into Russian legislation in 2002. Chapter 26.2 of the Tax Code is devoted to the peculiarities of using the simplified tax system.
Instructions
Step 1
You can go to the "simplified" system in the application form. This means that if a taxpayer wishes to use the simplified tax system from the next tax period, then he independently and voluntarily must apply to the tax authorities with an application by December 31 of the current year. If the company has just been established, then an application for the use of this tax regime must be submitted within 30 days from the date of registration. "Simplified" is applied until the end of the tax period. The tax authorities must also be notified of the refusal from the simplified tax system in an application form.
Step 2
The law establishes certain restrictions on the use of the simplified taxation system by type of activity. Banks, pawnshops, insurance companies, investment funds cannot use the simplified tax system. Companies that produce excisable goods or have branches cannot apply the “simplified” scheme either. The simplified tax system is a tax regime created to stimulate small and medium-sized businesses, therefore, additional restrictions were established on the volume of revenue, the residual value of fixed assets, and the number of employees. This tax regime can be used by organizations and individual entrepreneurs if the residual value of existing fixed assets is not more than 100 million rubles, and the number of hired workers does not exceed 100 people. In the application for the transition to the simplified tax system, it is mandatory to indicate the amount of revenue for nine months of the current period, it should not exceed 45 million rubles, and this threshold value of revenue is annually indexed by the deflator coefficient. For example, in 2014 this coefficient is 1.067. Therefore, to switch to the simplified tax system from 2015, it is necessary that the income for nine months of 2014 does not exceed: 45 million rubles * 1.067 = 48.015 million rubles
Step 3
The object of taxation is chosen by the taxpayer himself, based on the structure of income and expenses and the characteristics of his activities, for the entire calendar year. The object can be only received income or income reduced by the amount of expenses. If income is selected as an object, then to determine the tax, it is necessary to multiply all the proceeds received for the period by 6%. If the object selected is income reduced by the amount of expenses, then to determine the tax, it is necessary to deduct the amount of accounted expenses from the amount of income and multiply this difference by 15%.
Step 4
The tax is transferred to the budget in advance payments no later than the 25th day of the month following the reporting period. Under the STS, the reporting period is a quarter, half a year and nine months. The total tax amount is determined taking into account advance payments and is paid into the budget by organizations by March 31, and by individual entrepreneurs by April 30 of the next calendar year.
