The question remains relevant: is it permissible to reduce the tax in the declaration under the simplified tax system? How does the selected tax object affect the ability to reduce the final payment amount? Let's find out in this article.
Reduction of tax under the simplified tax system on insurance premiums
The simplified tax system essentially represents a special tax regime that allows taxpayers to simplify the procedure for determining the taxable base. Wherein main task the maximum reduction in the tax burden on economic entities remains. One of available ways When performing this task, the simplified tax system is reduced by the amount of insurance premiums.
There are 2 different methods for using Easy Mode. Tax calculation depends on the selected tax object:
- Tax 6% when selecting the “Income” object. Current expenses are not taken into account. With a simplified tax system of 6 percent, a tax reduction is possible due to transferred insurance premiums and sick leave payments as part of the employer’s expenses. Suitable for entities with a small share of expenses.
- Tax 15% for the object “Income reduced by the amount of expenses”. All costs allowed under the simplified tax system, supported by economic feasibility and documented, are taken into account. It is allowed, for example, when calculating the simplified tax system, a reduction due to land tax. In this option, there may be cases in which losses or small profits can be obtained due to a high share of costs. In such cases, the tax is calculated as a minimum, equal to 1% of the amount of income. Reducing the minimum tax of the simplified tax system for insurance premiums not provided.
Thus, some types of expenses can be taken into account when different objects taxation. For the simplified tax system “income”, the tax reduction occurs due to the listed insurance payments. That is, an organization or individual entrepreneur using the simplified tax system makes “income” with employees a tax reduction thanks to accrued and transferred contributions to funds for wages.
Example
Vasilek LLC uses a simplification with the “income” object. The Company employs 2 employees. The salary of one of them is 18,000, the salary of the other is 23,000. During the 1st quarter of 2017, the LLC earned 730,000 rubles.
To simplify the example, our LLC does not have benefits when paying insurance premiums.
From the amount of employees’ salaries, it is necessary to calculate personal income tax and insurance contributions for compulsory health insurance, compulsory medical insurance, social insurance contributions for temporary disability and pregnancy and childbirth, as well as contributions for injuries.
18,000 + 23,000 = 41,000 rubles. (amount of employee salaries)
41,000 x 13% = 5330 (calculated by personal income tax)
41,000 x 22% = 9020 (contributions to the Pension Fund calculated)
41,000 x 5.1% = 2091 (contributions to the Compulsory Medical Insurance Fund are calculated)
41,000 x 2.9% = 1189 (contributions to the Social Insurance Fund calculated)
41,000 x 0.2% = 82 (injury contributions calculated)
Employees' salaries did not change during the quarter. All contributions were paid during the quarter, the total amount being:
(9020 + 2091 + 1189 + 82) x 3 = 37,146 rubles.
Tax according to the simplified tax system “income” is 6% excluding insurance premiums:
730,000 x 6% = 43,800 rub.
LLC has the right to reduce the amount of tax by the amount of insurance premiums paid, but not more than 50%, i.e. no more than 2 times: 43,800 x 50% = 21,900. The amount that the LLC paid for employee insurance premiums is greater. The tax under the simplified tax system can be reduced by 21,900. Accordingly, the amount of the simplified tax system to be paid will be 21,900.
Reducing the simplified tax system “income minus expenses”
Insurance premiums as expenses are taken into account under a simplified system for any taxation objects. If an entity calculates tax at 15%, payroll charges are included in allowable costs. An exception is that there is no tax reduction for insurance premiums under the simplified tax system of 1 percent of income.
In other cases, when calculating tax based on income received, reduced by the amount of expenses, insurance premiums reduce the tax base. But for this, according to the provisions of Art. 346.17 of the Tax Code of the Russian Federation, expenses must actually be incurred.
In addition to insurance premiums, taxpayers who have chosen the “income minus expenses” object have the right to reduce the tax on other expenses, the list of which is listed in Art. 346.16 Tax Code of the Russian Federation. The list is closed and cannot be expanded. Thus, other expenses not included in the list cannot affect the final amount. The eligible costs include the following:
- acquisition and repair of fixed assets;
- material costs;
- rental payments;
- remuneration of employees;
- the amount of VAT in the cost of purchased goods and services;
- customs payments;
- travel allowances;
- accounting expenses;
- postage;
- the amount of taxes and fees paid in accordance with the requirements of Chapter 26.2 of the Tax Code of the Russian Federation.
- CCP maintenance;
- other types of costs in accordance with Art. 346.16 Tax Code of the Russian Federation.
When choosing an object of the simplified tax system of 6 percent, a tax reduction in 2017 is still possible only by the amount of paid insurance premiums and amounts for sick leave in terms of expenses at the expense of the employer.
Tax reduction simplified tax system - individual entrepreneur
Entrepreneurs, just like legal entities, has the right to apply the simplified tax system if the conditions comply with the requirements of the law. The reduction in the final tax amount occurs on a general basis.
However, for some entrepreneurs there is an additional circumstance. Those who have chosen the simplified tax system for the “income” of individual entrepreneurs without employees can reduce the tax by 100% at the expense of paid fixed payments on insurance premiums. Availability hired employees deprives entrepreneurs of this right. Individual entrepreneurs on the simplified tax system of 6% with employees make a tax reduction on a general basis - no more than 50% of the original amount.
If an entrepreneur chooses the object of taxation “income reduced by the amount of expenses,” the conditions for recognizing expenses remain the same as for legal entities. In this case, individual entrepreneurs using the simplified tax system with employees will reduce the tax in full.
Thus, the application of a simplified tax regime takes into account the costs incurred to reduce the tax base. However, in the case of using the simplified tax system of 6%, tax reduction is possible only through the transferred insurance premiums.
Hello! In this article we will talk about insurance premiums for individual entrepreneurs on the simplified tax system.
Today you will learn:
- What insurance premiums are paid by individual entrepreneurs using the simplified tax system;
- How are contributions paid for individual entrepreneurs with and without employees?
- How can you reduce the tax on the simplified tax system?
Benefits from using the simplified tax system
Regardless of whether the individual entrepreneur has employees or not, contributions to off-budget funds must be carried out according to a generally accepted schedule. If employees are present in the activities of the individual entrepreneur, it means that payments are made for them and for themselves personally.
If, besides the owner, no one is employed in the individual entrepreneur, then you only need to pay fees for one individual. Since the individual entrepreneur is his own employer and does not work for hire, he is obliged to provide himself with a pension or health insurance at the expense of own funds. Failure to pay contributions is punishable by law in amounts equal to 20 to 40% (if the fact of intentional actions is proven) of the amount of overdue payments.
Since 2017, some amendments have been made to the Tax Code. In particular, a new chapter has appeared that transfers control over the payment of contributions to the tax service department. Now all payments are made in favor of tax authority, and not to funds. The only exception is payment for injuries at work. As before, we transfer it to the account of an extra-budgetary fund.
In connection with the introduced changes, and have changed. Instead of the first three digits 392 and 393, designating the Pension Fund and the Social Insurance Fund as the recipient of funds, respectively, you must indicate 182. This means that the money will go to the tax account.
Contributions are paid even if your individual entrepreneur does not receive income or, moreover, you receive losses. The fact obliges you to become a payer of mandatory payments, regardless of financial condition your activities.
Payment period
At the legislative level, the deadlines for paying contributions to extra-budgetary funds are strictly regulated. The individual entrepreneur is responsible for their failure to comply.
There are the following temporary restrictions on making payments:
- – until December 31 of the reporting year. Contributions can also be made in installments throughout the year or the entire amount can be paid at once;
- For individual entrepreneurs with staff - until the 15th day of the month following the month in which the employee’s income was accrued;
- For individual entrepreneurs whose annual income exceeds 300,000 rubles, before April 1 of the year following the reporting year, it is necessary to additionally deposit an amount equal to 1% of the difference between actual income and 300,000 rubles.
If, during the course of its activities in the reporting year, an individual entrepreneur makes advance payments for insurance premiums, then by December 31 he will have to pay the remaining amount - the difference between the fixed amount and the advances made.
It happens that the last day of payment falls on a non-working day (holiday or weekend). In this case, the law allows payment to be made on the next business day. The difference in days will be especially noticeable at the end of the reporting year, when December 31st turns out to be Saturday or Sunday.
How to pay insurance premiums
An entrepreneur on the simplified tax system who does not have employees, makes only fixed contributions - pension and health insurance. In the FSS you can make a voluntary transfer at your discretion. From 2017, these payments must be transferred to the account of the tax authority. BCCs for payment of pension contributions and health insurance vary.
To pay your fees, you will need to generate a receipt for payment to the bank. This can be done through the tax service website.
- Visit the official website of the tax service;
- Select the “Pay taxes” section in electronic services;
- Click on the create button payment order for individual entrepreneurs;
- In the form that appears, select “IP”;
- In the following list, mark “Payment document”;
- Fill in (the list of classifiers is also available on the website), the remaining lines will be filled in by the system automatically;
- Then enter your residential address;
- In the payment details, indicate the payer’s status as an individual entrepreneur;
- Enter the letters “TP” if you are making the main payment (not fines or penalties);
- Select the period for which you are paying;
- Enter the amount;
- Specify given name with patronymic and last name;
- Fill in ;
- Place a check next to your place of residence (this means that the address of residence and the location of the taxable object are the same);
- Select the payment method (cash - in this case the system will generate a receipt for you, which you will print and provide to the bank, non-cash - payment will be made from the tax service website through a partner bank).
Please note that previously you could only pay your fees using your own card or account, which caused a lot of inconvenience.
How an individual entrepreneur on the simplified tax system without employees makes payments in favor of insurance premiums
If the individual entrepreneur has no employees, then you only need to pay the insurance premiums for yourself. Since 2018, they have a fixed size, independent of the amount.
If your income for the year did not exceed 300,000 rubles, then Pension Fund you will only pay 26,545 rubles, and in medical - 5,840 rubles.
In total, for the year you need to pay fixed insurance contributions to the tax account in the amount of 32,385 rubles. If income for the reporting year exceeded the mark of 300,000 rubles, then you must additionally pay 1% of the difference between actual income and a fixed amount of 300,000 rubles. IN in this case the formula for calculating payments will be as follows: 26,545 + 1% (SD - 300,000 rubles), where SD is the amount of your actual income.
However, the state has set a maximum limit for insurance premiums required for payment. You will not transfer more than 212,360 rubles to the budget. Even if, according to your calculations, you need to pay a large amount, you pay established by law. Since 2018, when calculating it, the amount is taken fixed fee in the Pension Fund of Russia. The minimum wage is no longer included in the calculations.
The formula for calculating it looks like this: 8*26 545*12*26% . At the same time, if for some reason you refused to make additional contributions to the insurance fund, the tax office will independently calculate them for you based on your annual income and present you with a tax demand for payment.
Example. If an individual entrepreneur registered with the tax office on May 15, 2017, then the formula for pension contributions will be as follows: 32,385 (fixed annual income): 12 (months) * 7 (full months: June-December, worked in the accounting year) = 18,891.25 rubles In May, the individual entrepreneur worked 17 days. Next, we calculate the amount of contributions for May: 32,385: 12: 31 (number of days in May) * 17 = 1,479.96 (amount of contributions for May). Thus, for the current year, the individual entrepreneur must pay - (18,891.25 + 1,479.96) = 20,371.21 rubles in insurance premiums. Let’s assume that the individual entrepreneur’s profit for the year amounted to 450,000 rubles. Then, in addition to the amount received, you need to pay to the budget: (450,000 – 300,000)*1% = 1,500 rubles. Accordingly, the total amount of insurance premiums will be: 21,871.21 rubles (20,371.21 + 1,500).
We pay insurance premiums to the simplified tax system if the individual entrepreneur has hired employees
If you hired workers to help you, you must pay mandatory contributions to the budget for them. You pay for yourself and your staff.
For each employee you need to deduct 30% of their amount monthly income, including , .
If your employees are employed under a civil contract, then you can pay 2.9% less to the budget, that is, 27.1% of their monthly earnings. In this case, you do not have to make payments to the Social Insurance Fund, which is 2.9%.
Example. The company employs two employees under a civil contract. Every month during the year they are paid a fixed salary of 30,000 rubles. The income of the individual entrepreneur for the year amounted to 810,000 rubles. Payment pension contributions for the owner of the company: 26,545 rubles. Since the income for the year exceeded 300,000 rubles, the following will be paid additionally: (810,000 - 300,000)*1% = 5,100 rubles. Compulsory medical insurance contribution – 5,840 rubles. Contributions for employees will be: 30,000 * 12 * 27.1% * 2 = 195,120 rubles. In total, during the reporting year the entrepreneur paid contributions in the amount of 26,545 + 5,100 + 5,840 + 195,120 = 232,605 rubles.
How contributions reduce your tax bill
If you have chosen the simplified tax system “Income”, you have the right to reduce the accrued tax by the amount of insurance premiums.
If your individual entrepreneur does not have employees, then you can reduce the tax on the entire amount of insurance premiums. If the amount of contributions is equal to the accrued tax or more, then you do not have to pay any tax to the budget.
If the company has personnel, it is possible to reduce the tax amount by only 50%. Both contributions made by individual entrepreneurs “for themselves” and for employees are included in the tax reduction. This calculation option is applicable only to the “Revenue” system.
If the individual entrepreneur is on the “Income minus expenses” system, then insurance premiums are fully included in the expenditure side, thereby forming taxable profit.
Example. An individual entrepreneur using the simplified tax system “Income” received an annual profit of 276,000 rubles. There are no employees in the company. Contributions were paid in the amount of 32,385 rubles. Tax payable: 276,000*6% = 16,560 rubles. We find that insurance premiums exceed the amount of tax: 32,385 > 16,560. This means that the tax payable is zero.
An entrepreneur using the simplified tax system “Income” without employees received a profit of 658,000 rubles for the year. The tax payable is: 39,480 rubles. Contributions amounted to: 32,385 + 1% *(658,000 - 300,000) = 35,965 rubles. We reduce the tax by the amount of insurance premiums and get: 39,480 - 35,965 = 3,515 rubles. This amount will be paid by the entrepreneur to the tax office instead of 39,480 rubles.
Now let’s look at an example of an individual entrepreneur using the simplified tax system “Income” with three employees on staff.
Example. The income of the individual entrepreneur amounted to 750,000 rubles for the year. The company employs three employees with a salary of 25,000 rubles. The tax payable is: 750,000 * 6% = 45,000 rubles. Contributions paid by individual entrepreneurs: 32,385 + (25,000 * 12 *30% *3) + 1* (750,000 - 300,000) = 32,385 + 270,000 + 4,500 = 306,885 rubles. Since contributions exceed the tax, the latter can be reduced by 50%: 45,000 * 50% = 22,500 rubles.
Let's consider an example with an individual entrepreneur using the simplified tax system “Income - Expenses”.
If the individual entrepreneur has no employees, then the calculations will be as follows.
Example. Income for the year amounted to 842,000 rubles. The individual entrepreneur pays contributions for himself in the amount of: 27,990 (fixed part) + 1 * (842,000 - 300,000) = 37,805 rubles. Documented expenses of the individual entrepreneur for the year amounted to 650,000 rubles. The entrepreneur has the right to increase expenses by the amount of quarterly insurance premiums made. Then the expenses will be: 650,000 + 37,805 = 687,805 rubles. In this case, tax payable: (842,000 - 687,805) * 15% = 23,129 rubles.
As you can see, reducing the tax on insurance premiums under the simplified tax system is a profitable business. This is a big advantage of using this.
The procedure for reducing tax under the simplified tax system by the amount of insurance premiums in 2019 for individual entrepreneurs and legal entities depends on what tax base the simplifier has chosen. Within the framework of the simplified tax system “income reduced by costs”, insurance premiums reduce the tax base, and when simplified on “income”, the amount of already calculated tax is reduced. But there are nuances that will be discussed further. Please note that in 2019 the taxation procedure for contributions does not change, so the article will also be relevant.
Reduction of the simplified tax system for insurance premiums in 2019 (object income)
The basis for calculating the tax burden when simplified with the object “income” is calculated according to the norms of paragraph 1 of Art. 346.18 Tax Code of the Russian Federation. The tax rate is established by clause 1 of Art. 346.20 of the Tax Code of the Russian Federation and in 2019 varies from 1 to 6%.
What insurance premiums reduce the simplified tax system tax in 2019
Clause 3.1 art. 346.21 of the Tax Code of the Russian Federation provides for the right of simplifiers to reduce the single tax on insurance premiums in 2019. However, there are the following restrictions:
Insurance premiums must be assessed and paid. This means that the tax cannot be reduced by the amount of insurance premiums that the taxpayer mistakenly overpaid. The amount of excess transfer in this case can be taken into account in the following reporting periods.
The amount of reduction cannot exceed 50% of the calculated tax.
An individual entrepreneur, if he does not make payments to individuals, reduces the tax on the amount of payments for pension and health insurance, which are calculated from the minimum wage. At the same time, the Ministry of Finance in letter dated September 23, 2013 No. 03-11-09/39228 clarified that the limitation for tax reduction (50%) does not apply to fixed payments of individual entrepreneurs.
In addition to insurance premiums, the single simplified tax on the “income” base is also reduced (within 50% of the tax amount):
Sickness benefits paid at the expense of the employer (i.e., non-reimbursable from the Social Insurance Fund for the first 3 days) (subclause 2, clause 3.1, article 346.21 of the Tax Code of the Russian Federation). Payment of sick leave for injuries at work or occupational diseases does not apply to them. It is also impossible to reduce the tax on such benefits if they were compensated by other insurance payments.
Voluntary insurance contributions for personal insurance of personnel in the event of temporary disability (subclause 3, clause 3.1, article 346.21 of the Tax Code of the Russian Federation), which covers payment for days paid by the employer. In this case, the amount insurance compensation cannot exceed the amount of sick leave benefits calculated by law.
Without limiting the amount, the simplified tax on the “income” basis can be reduced by the paid trade tax (clause 8 of Article 346.21 of the Tax Code of the Russian Federation). But only the tax that is calculated from income from the activity in respect of which this fee was paid.
An example of reducing insurance premiums at a revenue facility
In 2019, taxable income of Poltava LLC reached 2,700,400 rubles. During the same period, insurance premiums in the amount of 80,150 rubles were accrued and paid. In addition, sick leave was paid at the expense of the employer in the amount of 2,500 rubles. The subject of the Russian Federation in whose territory the company is registered has not established a reduction in the single tax rate, so the tax is calculated based on 6% of income:
2 700 400 * 6% = 162 024
The amount of contributions and sickness benefits that can be tax reduced is:
80 150 + 2 500 = 82 650
This amount exceeds 50% of the calculated tax (162,024 * 50% = 81,012). This means that the tax payable will be 162,024 – 81,012 = 81,012.
If, when calculating advance payments, the amount of insurance premiums exceeded 50% of the tax, then this difference can be taken into account when paying tax for the year, if there is no such excess for the year as a whole. But it will not be possible to carry over the amount of such excess to the next year.
Reduction of the simplified tax system for insurance premiums in 2019 (income minus expenses)
If a taxpayer applies the simplified tax system with the “income minus expenses” base, then he reduces the tax base for calculating the single tax by the amount of insurance contributions (subclause 7, clause 1, article 346.16). For sickness benefits (subclause 6, paragraph 1, article 346.16), as well as for voluntary insurance contributions (as part of labor costs - subclause 16, part 2, article 255), the tax base also decreases.
In cases where contributions were accrued, but were not paid, but were offset against FSS benefits, it is still possible to reduce the single tax under the simplified tax system “income” or the taxable base under the simplified tax system “income minus expenses”. This is confirmed by the Ministry of Finance in letter dated August 14, 2019 No. 03-11-06/2/51923.
Every taxpayer has the opportunity to legally reduce the tax burden by paying insurance premiums on time. In this article we will look at how to pay contributions in such a way as to make maximum use of the right to reduce tax payments both organizations and entrepreneurs.
Legislative regulation of the issue
Legislative regulation of the issue is carried out by the Tax Code Russian Federation, and in particular Article 346.21, which is called “The procedure for calculating and paying tax” and regulates the issues of calculating and paying tax according to ex. cash system.
Some features of paying tax under the simplified taxation system
Entrepreneurs who have chosen the simplified tax system for themselves, as well as directors of legal entities, should know a number of features of paying tax under the simplified tax system:
- When choosing the so-called “simplified” taxation, there are two options for choosing the object of taxation – “Income” or “Income reduced by the amount of expenses.” The tax rate depends on the selected object and is established by the laws of the subject of the Federation in which the taxpayer is registered. In general cases, when applying the simplified taxation system with the object “Income”, the rate is equal to six percent, and when applying the simplified taxation system “Income minus expenses” - 15 percent.
- The tax is paid to the Federal tax service at the place of residence of the entrepreneur or the place of registration of the organization;
- The tax return must be submitted once a year - before April 30 of the year following the reporting year;
- You need to pay the tax: In advance payments based on the results of each quarter - before the 25th day of the first month after the reporting quarter for the first three quarters of the year, at the end of the year for entrepreneurs - until April 30 of the year following the reporting one, for organizations - until March 31 of the year following reporting.
What can you reduce the tax on simplified taxation system?
When applying the simplified tax system “Income minus expenses”, the tax after its calculation cannot be reduced. SV, sick leave amounts, etc. are included in the “Expenses” item for tax and thus reduce the tax base. But for the “Income” object there is a whole list of amounts by which the tax can be reduced after it has been calculated. Tax on the simplified tax system with the taxable object “Income” can be reduced by the amount:
- Paid by self-employed persons for compulsory pension, medical and social insurance, as well as insurance premiums against accidents and occupational diseases paid to the budget of the Social Insurance Fund.
- Sick leave expenses for benefits that are paid for by the employer.
- SV for personal voluntary insurance in case of temporary disability.
Reducing tax on the simplified tax system for entrepreneurs without employees
The Tax Code states that entrepreneurs who have chosen “Income” as taxation for themselves and do not have a single employee on staff can reduce the amount of calculated tax and advance payments, respectively, in full by the amount of SV paid for compulsory health insurance and compulsory medical insurance. Moreover, the amount of SV consists of two amounts:
- The amount of pension and health insurance contributions that must be paid by the individual entrepreneur in a fixed amount. This fixed amount is for 2018 for pension insurance - 26,545 rubles per year, for health insurance - 5,840 rubles per year.
- The amount of additional contribution for compulsory pension insurance, which is calculated as one percent of the excess income of an amount equal to 300,000 rubles.
Important! Entrepreneurs without employees have the right to reduce the tax to zero by the amount of SV.
IP Petrushkin M.M. applies the simplified tax system “Income”. The amount of income for the first three months of 2018 amounted to 150,000 rubles. In the first quarter of 2018, he paid the amount of SV for himself in the amount of 8,540 rubles. The amount of calculated tax is 150,000*6%=9,000 rubles. The amount to be paid to the budget will be 9000-8540=460 rubles. That is, 460 rubles must be paid to IP Kartaev as advance payment according to the simplified tax system for the first quarter of 2018.
IP Petrushkin M.M. applies the simplified tax system “Income”. The amount of income for the first three months of 2018 amounted to 150,000 rubles. In the first quarter of 2018, he paid the amount of SV for himself in the amount of 1,000 rubles. The amount of calculated tax is 150,000*6%=9,000 rubles. The amount to be paid to the budget will be 9000-1000=8000 rubles. That is, 8,000 rubles must be paid to IP Kartaev as an advance payment under the simplified tax system for the first quarter of 2018.
Based on the example, we can conclude that it is more profitable to pay CT in equal parts every quarter in order to reduce the tax by the maximum possible amount.
Reducing the simplified tax system for entrepreneurs with employees
If an entrepreneur has his own staff, then reducing the tax amount for the simplified tax system will be possible only by 50 percent of the calculated amount. This is indicated in paragraph 3.1 of Article 346.21 of the Tax Code of the Russian Federation.
Important! An individual entrepreneur with employees cannot reduce the amount of tax on paid SV by more than 50%.
An individual entrepreneur with employees can reduce tax by:
- CB paid for yourself;
- CB paid for employees.
How to reduce tax for legal entities
Legal entities, as well as entrepreneurs with employees, can reduce the amount of tax by no more than 50% when paying tax for their employees in a given quarter.
Astra LLC is on a simplified taxation system with the “Income” object. In the first quarter of 2018, the LLC paid to the budget:
- 22,000 rubles for pension insurance;
- 5100 rubles for medical insurance;
- 2900 rubles for social insurance;
- 200 rubles for contributions from NS and PP.
The amount of income for the first quarter amounted to 500,000 rubles. The tax amount will be calculated as follows: 500,000*6%=30,000 rubles. The total amount of CB for the 1st quarter of 2018 is 30,200 rubles. The amount to be paid cannot be less than 50% of the calculated tax amount, that is, 30,000:2 = 15,000 rubles. Despite the fact that the amount of contributions is 30,200, the tax can only be reduced by 15,000 rubles. To be paid to the budget - 15,000 rubles.
How to reduce tax
In order to reduce the tax on the amount of SV, you need to tax return indicate the amount of SV paid in a given tax period and the final amount to be paid. Additionally, there is no need to confirm the payment of the CB, only if the inspector requests supporting documents during a desk audit of the reporting.
conclusions
The amount of tax on the simplified tax system can be reduced by SV if the object of taxation is “Income”. Entrepreneurs without employees can reduce the entire tax amount, and legal entities and individual entrepreneurs with employees - only by 50%.
To reduce the tax burden on your business, you do not need to resort to gray schemes. It is enough to competently use all the possibilities provided by law.
How to reduce the simplified tax system “Income”
Reducing the simplified tax system on insurance premiums
Tax on the simplified tax system “Income” can be reduced by insurance premiums. To do this, follow three rules:
- Individual entrepreneurs without employees can reduce the tax completely, and individual entrepreneurs with employees and LLCs can reduce the tax by no more than 50% of the tax amount.
- The tax is reduced:
- insurance premiums of individual entrepreneurs for themselves: 27,990 rubles for 2017 (for 2016 - 23,153.33 rubles) + 1% of income more than 300,000 rubles;
- contributions for employees to the tax office for pension, medical and social insurance, as well as to the Social Insurance Fund for injuries;
- sick leave for the employee for the first three days;
- contributions for employees for voluntary health insurance. - Contributions must be paid in the same period for which you calculate the tax. For example, the tax for the first quarter can be reduced by insurance premiums paid from January 1 to March 31. It does not matter for what period the contributions were paid.
Accounting for minimum tax in expenses
If for last year If you paid the minimum tax (1% of income), then when calculating the tax for this year, you can take into account in expenses the amount by which the minimum tax exceeded the single tax of the simplified tax system.
For example:
Income for last year: 600,000 ₽;
Expenses: 595,000 ₽.
Single tax STS = (600,000 - 595,000) × 15% = 750 ₽.
Minimum tax = 600,000 × 1% = 6,000 ₽.
We paid the minimum tax, because... it is 5,250 ₽ more.
When calculating the tax for this year, 5,250 ₽ can be taken into account in expenses.
Let's calculate the tax for the current year:
Income: 500,000 ₽,
Expenses: 450,000 ₽.
Tax simplified tax system without taking into account the minimum tax: (500,000 - 450,000) × 15% = 7,500 rubles.
Let's write off the excess of the minimum tax as expenses: (500,000 - 450,000 - 5,250) ×15% = 6,713 rubles.
The savings amounted to 787 ₽.
Controlling authorities allow the minimum tax to be taken into account only at the end of the year. In most cases, the courts support them, although there is legal precedent in favor of reducing the advance payment for the quarter. Elba will help you take into account expenses and remind you of payment and reporting deadlines.
Write off losses as expenses
You can reduce your tax even further by using losses incurred in previous years. To do this, you can use losses for the last 10 years and not yet used to reduce taxes.
For example:
Loss last year: 50,000 ₽;
Minimum tax last year: 10,000 rubles.
Income for this year: 800,000 ₽;
Expenses for this year: 300,000 rubles.
Because last year there was a loss, the simplified tax system was 0, and I had to pay the minimum tax; this year you can write off the amount of the loss and the amount of the minimum tax as expenses:
Tax simplified tax system = (800,000 - 300,000 - 10,000 - 50,000) x 15% = 66,000 rubles.
The savings amounted to 9,000 rubles.
The earliest losses should be written off first, but no more than the previous 10 years. Losses can only be used to reduce taxes when calculating the final payment for the year. Advance payments losses cannot be reduced.