Tax Service: Reduced insurance premium rates to be expanded from 2025

CrimeaPRESS reports:

From January 1, 2025, the list of entities that will be able to apply insurance premiums at a reduced rate will be expanded. On July 12, 2024, the President signed Law No. 176-FZintroducing amendments to the Tax Code.

Small and medium-sized businesses operating in the manufacturing sector will be able to take advantage of preferential rates. The rate for them will be 7.6%. This rate (as for other SMEs) should be applied to the monthly portion of payments that exceeds the minimum wage established from the beginning of the year.

To apply the reduced tariff, the following requirements must be met simultaneously:

1. The main type of activity (reflected in the Unified State Register of Legal Entities or Unified State Register of Individual Entrepreneurs) is the activity included in the OKVED section “Manufacturing production”.
2. Based on the results of the year preceding the year of transition to payment of contributions at a reduced rate, as well as based on the results of the reporting (calculation) period, the total amount of income from the main type of activity shall be at least 70%.

Income will be determined as follows:

• organizations on the general taxation system — according to the rules established for calculating income tax;
• organizations and individual entrepreneurs on the simplified tax system — according to the rules established for calculating the single tax under the simplified tax system;
• Individual entrepreneurs on the general taxation system — according to the rules provided for calculating personal income tax.

If the taxpayer no longer meets any of the above requirements, it will be necessary to recalculate contributions at the general rate from the beginning of the calendar year.

The right to pay contributions at a reduced rate will be granted to companies that are included in the register of organizations operating in the field of radio-electronic industry, provided that, at the end of the reporting period, the sum of all their income from core activities is at least 70%.

In addition, starting from 2025, income from the sale of equipment manufactured by the organization and intended for the production of electronic component base (electronic modules), electronic (radio-electronic) products can be included in the income from core activities. The list of the specified equipment will be approved by the Government of Russia.

Let us clarify that in 2024, 351 organizations of certain categories of employers, for example, in the field of IT technologies, entities operating in the SEZ, and socially oriented NPOs, apply reduced insurance rates in Sevastopol. The benefit for these categories has also been extended until 2026 inclusive.

source: press service of the Federal Tax Service of Russia in Sevastopol

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