When starting their own business, novice individual entrepreneurs ask themselves questions of taxation. This is especially interesting for those businessmen who use a simplified system of payment of contributions.
Instructions
Step 1
If you decide to become an individual entrepreneur, be prepared for the fact that you will have to pay tax deductions not only for yourself, but also for your employees. This must be done on time in order to avoid imposing large penalties on you by the tax inspectors.
Step 2
There are fixed contributions that you, as an individual entrepreneur, are required to pay to the funds of the Russian Federation. In this case, it does not matter what tax regime you use, you must make payments to the FFOMS and the Pension Fund of Russia on time. You can find the total amount required to pay taxes on the official portals of the PFR and FFOMS. Also, you are obliged to make contributions to the Pension Fund and FFOMS for the employees of your organization.
Step 3
To calculate the size of the monthly payment to the FIU for you and your employees, you need to find 26% of the minimum wage, and then multiply this number by two. To obtain the size of the monthly payment to the FFOMS, multiply the minimum wage by 5.1%. At the same time, contributions to the FSS, according to this taxation scheme, you are not required to deduct.
Step 4
The simplified taxation system ("simplified", or USN) will require you to pay additional contributions. Initially, it was introduced in order to reduce the tax burden on small and medium-sized businesses, as well as to simplify accounting and tax accounting. If you are just taking your first steps in the world of business, this taxation scheme will suit you best.
Step 5
As a “simplified” self-employed entrepreneur, you must pay all tax contributions on a quarterly basis. Thus, you only need to complete four tax transactions per year. You must pay all taxes no later than the 25th of the month that is considered reporting (April 25, July 25, October 25). The scheme of tax payments for the fourth quarter is slightly different, here you must pay off the tax debt no later than April 30 of the year following the reporting year.
Step 6
In the event that you use the simplified tax system, the tax contribution for you will be 6% of your net income in the first six months of work, and then you will need to deduct 15% of the profit on a quarterly basis.
Step 7
Among other things, you are obliged to pay taxes for excise taxes, as well as customs and government duties. Payment of transport, land, water taxes, as well as tax on the extraction of natural resources, is mandatory. In the event that in your work you use objects of the living world and aquatic biological resources, you will have to pay an additional tax fee. If these tax contributions are relevant for you, contact the regional branch of the Federal Tax Service and clarify their current denomination.
