Tax breaks in the form of a rate cut or exemption from the obligation to pay tax await Russian entrepreneurs in 2022. This was announced on Monday, November 22, by the Honored Lawyer of Russia Ivan Soloviev.
According to him, from January 1, 2022, the provision of catering services will be exempted from VAT.
“This means that restaurants, cafes, bars, fast food outlets, buffets, cafeterias, canteens, snack bars and other public catering facilities, including outlets, will be able to significantly improve their financial situation as a result of this tax benefit”, – the expert said in an interview with the agency “Prime“.
In addition, if the number of personnel of these enterprises exceeds 250 people, then they will be able to pay insurance premiums at a reduced rate (on the part of remuneration above the minimum wage: for pension contributions – 10%, for medical contributions – 5%, for contributions “for sick leave” – 0% ).
At the same time, the interlocutor noted, in order to obtain exemption from VAT, it is necessary that the income of the catering company for the previous calendar year does not exceed 2 billion rubles, and the share of income from the sale of services in the total amount is at least 70%. In addition, the amount of wages paid should correspond to the average statistical indicators, but this criterion will work from 2024.
A number of administrative and tax procedures will also be simplified. For example, organizations will no longer be required to submit financial statements to other government agencies, except for the tax office at the place of registration.
Benefits for taxing compensations for the cost of a vacation voucher will be available to all categories of citizens, even if the costs of it were taken into account when calculating income tax. If an employee has been issued several vouchers in a year, the exemption is valid only for the first one. In addition, personal income tax will not be imposed on compensation of vouchers for children of employees under the age of 18 and up to 24 years for full-time students (now there is a limit of up to 16 years).
The practice of granting social and property deductions will also remain, but a tax deduction for sports and recreation services will be added.
The notice of the right to deduction to the employer will now be sent by the tax inspectorate itself after the employee has contacted it accordingly, Soloviev concluded.
Earlier, on November 19, it became known that the assessment criteria will change when assigning monthly benefits for children and pregnant women in 2022. The corresponding draft government decree, which Izvestia got acquainted with, was prepared by the Ministry of Labor. It is planned that it will be signed before the end of this year.
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