What is convenient is a simplified taxation system for IP

Any individual entrepreneur before registration ponders what kind of taxation to choose. And if the spheres of employment are more diverse than retail trade, then most often "simplified" is preferred.

Indeed, the simplified taxation system for IP is very convenient. It does not require the conduct of complex accounting, as in enterprises; There is no need to draw up a balance sheet and provide explanatory notes to the inspection . In the end, taxes are minimized, thanks to which there is such an attractive name.

In the modern legislation two types of this system are established:

- in one case, the tax is calculated at a rate of 6% of the annual income;

- in another - the tax is calculated from the difference between the annual income and the expenses incurred, and its size can be from 5 to 15%, depending on the wishes of the regional authorities.

As a rule, a simplified taxation system for IP is chosen directly at registration. You can, however, take a little more time, but more than five days will not be allowed to think. With special indecision, tax authorities can generally establish a common regime with all the ensuing consequences.

The 6% tax is preferred by those entrepreneurs who have very little or no expenses, or they can not (or do not want) to confirm them documentarily. This option is most often used in the service sector, where the costs are not clearly pronounced, or in a small retail, where goods for trade are purchased without registration.

The simplified taxation system for IP also provides for calculating the tax from the difference between income and expenses. Here, keeping records is somewhat more difficult. If in the previous case the costs can be neglected, they will not play any role in the calculations anyway, then the costs have to be taken into account carefully and scrupulously. The final size of the tax depends on this.

In addition, you can save a little more by reducing the tax base by the amount paid to the FIU and FSS insurance premiums. However, the reduction can not exceed 50% of income.

However, lawmakers generally took care that some entrepreneurs did not reduce profitability to zero or did not go "in negative". When the amount of tax falls below the established standard, you will have to pay 1% of income.

A simplified taxation system for IP in this form is good for manufacturing or wholesale. In these areas, you have to spend a lot of money on purchases. In the first case, raw materials are purchased for the production of products and energy resources, in the second - goods for subsequent sale.

However, there is a moment that spoils the impression of the USN. This commitment to the use of cash registers. All entrepreneurs who produce products either selling in bulk or at retail must receive cash through the CCP. It does not matter at all how many checks you will be knocking out per year. Freedom here only won "vmentenchiki."

But here the tax reporting for IP in the simplified mode is very convenient. Some time ago it was necessary to declare incomes and pay advances on a quarterly basis. Now it is done once a year at the end of spring - April 30. Immediately after the submission of the declaration it will be necessary to pay the tax that is listed in the document.

It is noteworthy that for the delay in the report sanctions are much more stringent than for non-payment of tax. If the declaration is not submitted on time, a fine will follow, starting with 1000 rubles (for the first time). In the second case, the penalty will be paid, and letters will be received from the inspection with requests to pay off the debt.

It should be noted that the simplified taxation system on the basis of a patent was included in the described category up to this year. This summer it is allocated in a separate sphere with its tax calculations and reporting.