Organizations that pay tax on profits from their activities to the state budget fill out the corresponding declaration. Depending on the form of ownership, income, they need to calculate monthly or quarterly advance payments. The calculation of advances by month is different from the calculation of advance payments by quarter.
It is necessary
profit tax declaration form, Tax Code of the Russian Federation, calculator, organization documents, accounting data
Instructions
Step 1
If your company belongs to those organizations whose income for the previous four quarters does not exceed three million rubles for each quarter, or to those companies whose list is specified in paragraph 3 of Article 286 of the Tax Code of the Russian Federation, then you are obliged to pay quarterly advance payments to the state budget. income tax payments.
Step 2
Multiply the calculated income tax base for the quarter by the income tax rate. The quarterly payment for the first quarter of the reporting year will be equal to the quarterly advance payment for the fourth quarter of the previous year. For the second quarter is equal to the advance for the first quarter. For the third quarter, it is calculated as the difference between the advance payment for the second and the advance payment for the first. For the fourth quarter, respectively, it is equal to the difference between the quarterly advance payment for the third and the advance for the second.
Step 3
According to the scheme described above for the payment of advance payments, the organization must report to the tax office by filling out the income tax return by the twenty-eighth day of the month following the reporting period. Consequently, the company is obliged to submit the relevant document no later than April 28, July 28 and October 28.
Step 4
Organizations that are not exempt from paying monthly advance tax payments during the quarter are not required to calculate advances for each month, as the monthly advance is equal to the average of the quarterly advance.
Step 5
If the company wishes to pay advance payments on the actually earned profit, the accountant must notify the tax office before the start of the new reporting year. The organization will have the right to calculate advance payments under this system only from the beginning of the reporting period.
Step 6
The calculated tax base for the month for income tax is multiplied by twenty percent, the next advance payment is calculated accordingly and depends only on the profit actually received by you on a monthly basis. If you have suffered losses in any reporting period, the advance will be equal to zero.
