Nobody is immune to mistakes. This also applies to an accountant who calculates VAT payable to the budget. Incorrect calculation can lead to tax arrears, which will entail the accrual of interest. In order to avoid on-site tax audits, it is necessary to independently calculate the amount of the penalty and pay off at the same time as paying off the tax debt.
Instructions
Step 1
Use article 75 of the Tax Code of the Russian Federation, which establishes the procedure for the payment and calculation of penalties. Determine the amount of VAT arrears. Count the number of days of delay starting from the day the debt arises as a result of violation of one of the three payment deadlines established for value added tax. The number of days is calculated on the date of actual payment of the full amount of tax to the budget.
Step 2
Next, multiply these indicators by 1/300 of the refinancing rate of the Central Bank of the Russian Federation in effect during the period when VAT arrears arise. If at this time there was a change in the rate, then it is necessary to perform the appropriate number of calculations and add up the values to obtain the final amount of the penalty.
Step 3
Carry out the accrual of interest in the accounting of the enterprise. This procedure must be carried out in accordance with the Tax Code of the Russian Federation, Instructions for the Application of the Chart of Accounts, PBU 18/02 "Accounting for VAT calculations" and PBU 10/99 "Organization expenses". According to clause 12 of PBU 10/99, include the penalties to other expenses of the enterprise.
Step 4
Create a subaccount under account 99 "Profit and Loss" with the name "Permanent tax liability", and also open subaccount 68.2 "Calculations for VAT". Reflect the accrual of interest by opening a loan on subaccounts 68.2 and a debit on subaccount 99.1. After payment of the penalty interest, it is necessary to write off the corresponding amount on the credit of account 51 "Current accounts" with correspondence with subaccount 68.2. It is necessary to accrue penalties in the accounting department only when an appropriate demand for payment has come from the tax inspectorate or an independent calculation and transfer of the required amount to the budget has been made.
Step 5
Do not reflect interest in tax accounting. This rule is established by clause 2 of article 270 of the Tax Code of the Russian Federation. As a result, there will be permanent differences in accounting in the form of permanent tax liabilities. This amount is reflected in line 200 when filling out Form No. 2 of the Profit and Loss Statement.
