IP VAT: exemption from tax.

Due to the fact that the Government of the Russian Federation has recently adopted several programs for the development of small and medium-sized businesses, there have been many more questions about the activities of the IP, the necessary documents and other nuances. A separate topic is the payment of VAT for VAT. Value added tax is a deduction from the premium to the price of the goods. To date, the rate for it is 18%, and only in some cases it can be lowered to 10%.

It is important to note that IP with VAT can not pay tax if they apply the following taxation systems :

- USN;

- ECCN;

- UTII.

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

Let's talk about the most popular question recently for IP. VAT, according to Art. 145 of the Tax Code, you can not pay if there are the following conditions:

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

For a long time there was debate about how to calculate this amount, 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 issue. Previously, they considered the total revenue of the whole firm, even the part that in most cases was not taxed. Now, only the amounts from which VAT is to be paid are taken into account.

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

It is necessary to remember that the VAT exempted from VAT should return to the state the amount of this tax, previously deducted for services rendered, goods or works.

Many newcomers to the business sphere are asking themselves: "What benefits will I get if I get rid of the tax?" The biggest plus, of course, will be an increase in your revenue by 18%, although here there are pitfalls. The fact is that firms that work with VAT may simply not be profitable to cooperate with you because there is no possibility to make deductions.

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

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

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

3) For IPs on the CSS or OSS, only a book of costs and revenues should be provided.

4) The documents are submitted no later than the 20th day of the month from which the VAT exemption is allowed.

It is important to remember that when you switch to such a taxation system, you will have to work on it for at least a year. And then you can independently abandon it. There is, of course, another way: you can simply violate one of the conditions for release, but, in addition to being no longer admitted to this benefit, you will also be fined heavily.