There is a preferential taxation system. The minimum tax is the guaranteed amount of the tax contribution that the entrepreneur pays to the state. It is equal to 1% of the turnover, that is, of all proceeds that come to your cashier or to your current bank account.
Instructions
Step 1
Analyze the activities of your organization, its performance for nine months, a year, or, if the company has just registered, roughly calculate your income minus expenses. If you are the owner of a company that is engaged in renting out space or providing any services, then paying a simplified tax is profitable, since with such taxation there is no need to find out what expenses to take into account and what not.
Step 2
Determine the amount of income received. Pay the minimum tax only when the tax period (year) ends. For the quarter, as well as for 9 months, it is not calculated. As a taxpayer, you are responsible for calculating the tax amount yourself. Its rate is equal to 1% of the amount of income of your activity, which is determined by article 346.15 of the Tax Code of the Russian Federation. Remember that for organizations this will be income from sales and non-operating income, and for individual entrepreneurs - all income from entrepreneurial activity. In the amount of income also include the amount of advance payments for the future shipment of goods, works, services. Do not take into account receipts that are indicated in article 251 of the Tax Code of the Russian Federation.
Step 3
Form a tax base that will be equal to the difference between the amount of income and the amount of expenses.
Step 4
Calculate the amount of EN (single tax).
Step 5
Calculate the amount of the minimum tax, for this, multiply all your income received for the year by 1%.
Step 6
Compare the two indicators obtained: flat tax and minimum tax. The one that turns out to be larger and is payable to the budget.
