Crimean social enterprises received a significant benefit — a reduced tax rate
Deputies of the State Council of Crimea in two readings approved amendments to the republican law “On establishing the tax rate paid when applying the simplified taxation system on the territory of the Republic of Crimea” in relation to social enterprises. Despite the fact that the changes were adopted at the session of the Crimean Parliament yesterday, they do not come into effect «retroactively» — from January 1, 2023.
The changes being introduced play an important role for the republic: social entrepreneurship has a positive impact on the life of society by meeting the needs of citizens for services that are not provided by the existing state social infrastructure. In particular, this is the provision of employment for socially vulnerable categories of citizens, the implementation of projects aimed at the socialization and rehabilitation of certain categories of citizens, the possibility of reducing the burden on budgets through the implementation of private entrepreneurial initiatives, in which the state plays the main role (preschool, additional, specialized education, health care, sports, etc.)— commented Irina Kiviko, Deputy Chairman of the Council of Ministers — Minister of Finance of the Republic of Crimea.
The Vice Premier clarified that the draft law provides for the provision from January 1 of the current year of a reduced tax rate payable under the simplified taxation system in respect of social enterprises registered in the Republic of Crimea, included in the Unified Register of Small and Medium-Sized Businesses in the amount of:
— 1% — if the object of taxation is income,
— 5% — if the object of taxation is income reduced by the amount of expenses.
According to the authorities, the adoption of the law will reduce the tax burden on small and medium-sized businesses — social enterprises in order to increase the competitiveness and profitability of social enterprises by reducing the cost of their goods, works and services, and will also help expand the activities of social enterprises and improve the quality of services provided. their services at the expense of released funds.
According to the Office of the Federal Tax Service for the Republic of Crimea, the forecasted amount of shortfall in income in the event of a reduction in the tax rate paid under the simplified taxation system for this category of taxpayers will be about 6 million rubles annually in 2023 and thereafter, and the proportion of projected losses of the consolidated of the budget of the Republic of Crimea in the amount of approved target indicators for tax and non-tax revenues for 2023 will be only 0.01 percent— substantiated the importance of the amendments to the draft law prepared by the Ministry of Finance of Crimea, Irina Kiviko.
It should be noted that according to the Unified Register of Small and Medium-Sized Businesses in 2022, 140 taxpayers registered in Crimea received the status of a social enterprise.
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