IP VAT: exemption from tax.

Due to the fact that the Government of the Russian FederationThe time has adopted several programs for the development of small and medium-sized businesses, questions about the activities of IP, the necessary documents and other nuances have become much more. A separate topic is the payment of IP VAT. The value added tax is a deduction from the markup on the price of the goods. To date, the rate on it is 18%, and only in some cases it can be reduced to 10%.

It is important to note that individual entrepreneurs with VAT may not pay tax if they use the following tax systems:

- USN;

- YES;

- ENVD.

But remember, if you issue an invoice using one of these systems, then you will be required to pay all the VAT on the transaction.

Let's talk about the most popular recent issue for the PI. VAT, according to Art. 145 of the Tax Code, you can not pay under the following conditions:

1. Revenue for 3 calendar months does not exceed 2 million rubles.

For a long time there was debate about how to calculate thisamount because in arbitration practice for a long time there was no precedent for this topic. At the end of 2012, the Supreme Arbitration Court finally put an end to the question. Previously considered the total revenue of the entire company, even that part, which in most cases was not taxed. Now, only those sums are taken into account, of which the VAT must be paid.

2According to the Tax Code of the Russian Federation, you can be exempted from the payment of IP VAT if you do not sell excisable goods. According to the decision of the Constitutional Court of the Russian Federation, you can be exempt from this payment, even if you have goods of both categories. But with this option it is necessary to keep separate records of all operations of both excisable and non-excisable products. Only subject to these conditions, you will be exempt from payment.

It must be remembered that an individual who is exempt from VAT should return to the state the amount of this tax previously deducted for services rendered, goods or works.

Многие новички в сфере бизнеса задаются вопросом:"What benefits will I get if I am exempted from paying the tax?" The biggest plus, of course, will be an increase in your revenue by 18%, although there are pitfalls here too. The fact is that firms that work with VAT may simply not be profitable to cooperate with you due to the lack of opportunity to make deductions.

If you decide to get rid of the tax, you must remember the following rules:

1) It is necessary to notify the tax authority at the place of registration in the form established by the Ministry of Finance of Russia. Attach to it the documents confirming your rights.

2) Such documents are: extracts from the balance sheet, books of sales and books of the accounting of expenses and incomes, as well as copies of invoices.

3) For the IP on the simplified tax system or the OSNO, it is necessary to provide only a cost and income account book.

4) Documents must be submitted no later than the 20th day of the month from which the exemption of IP VAT is permitted.

It is important to remember that when switching to such a systemtaxation you will be required to work on it for at least a year. And only then will you be able to independently abandon it. There is, of course, another way: you can simply break one of the conditions for release, but besides being no longer allowed to this benefit, they will also impose a substantial fine on you.