Tax Service of Sevastopol: it became easier to reduce the amount of tax payable to entrepreneurs

CrimeaPRESS reports:

Amendments have been made to the Tax Code to simplify the tax reduction mechanism for entrepreneurs using the simplified taxation system (STS) and / or patent taxation system (PST) by the amount of insurance premiums. Changes were made by Federal Law No. 389-FZ dated July 31, 2023. If earlier contributions to tax reduction under the simplified tax system were taken into account upon payment, then with the adoption of new provisions in the Tax Code, the tax is reduced by contributions payable in the relevant tax period, regardless of the date of payment.

In this case, you should know a few important points:

• Contributions due in the current year reduce the STS tax of the current year, even if the last day of the year (December 31) falls on a weekend, and the due date for payment of these contributions is postponed to the first working day of the next year.
• Additional contribution of one percent of income over 300,000 rubles. reduces advances / tax not for the period for which it is paid, but for the period in which it is payable (recall, the deadline for its payment is July 1 of the next year), that is, the tax of the next year.
• The reduction of tax (advance payments) under the simplified tax system is made without filing an application for a set-off against the fulfillment of the forthcoming obligation to pay contributions. An overpayment to the CBC of the UNP or CCC on contributions is also not required (letter of the Federal Tax Service dated August 25, 2023 No. SD-4-3 / 10872@).
• In 2023-2025, it is allowed to take as a reduction in the STS tax contributions that were paid late for periods until 2023: debts paid in 2023 on contributions from previous years; one percent from the excess of income for 2023 (letter dated August 25, 2023 No. SD-4-3/10872@).

Similar rules apply for PSN. Moreover, if the patent was reduced by the entire annual fee, and then the entrepreneur either lost his IP status or switched to paying tax on professional income, the patent will be recalculated.

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