Category: Your expert

The most interesting and important legal acts relate to an increase in customs duty rates, changes to the lists of standards for some technical regulations, additional charges when calculating the customs value of goods, etc. In this review, we will consider the list of regulatory legal acts that come into force from January 1 to January 11, 2025. January 1st: * Federal Law No. 173-FZ of 04/28/2023: Russian organizations and sole proprietors receive the right to apply a zero VAT rate (0%) when selling goods to individuals abroad, if these goods were previously exported and shipped from a warehouse abroad. This is similar to the terms of trade with foreign companies. * Decision of the Board of the EEC dated 29.10.2024 No. 119: Changes to the list of goods and import duty…

Starting in 2025, a number of significant changes will come into force in Russian legislation that affect both taxation and employers' social obligations. These innovations are aimed at improving tax policy, increasing transparency and fairness of tax rates, as well as social support for the population. Among the key changes are a new personal income tax scale, an increase in corporate income tax, the introduction of a tourist tax and an increase in standard deductions for children. In this article, we will take a closer look at what changes businesses, workers, and the self-employed expect next year. Personal income tax scale Starting in 2025, a five-tier scale of personal income tax rates (personal income tax) will be introduced. The new scale has been developed for a fair distribution of the…

We tell you what is behind the future of diagnostics today and how mindfulness and technology can change medicine. IN SEARCH OF A LONG LIFE People have begun to live longer – statistics also show this. For example, at the end of the XIX century in Russia, the average life expectancy did not exceed 30 years, and in the mid-1960s it was already approaching 69 years. Today, a record has been set in Russia at all – by the end of 2023, this figure has increased to 73.4 years. But you always want to strive for more – and not only live longer, but at the same time maintain the quality of life, be active and healthy even in old age. That is why people today have become more responsible…

Since 2025, significant changes are coming to the Simplified Taxation System (hereinafter – the STS) in connection with the adoption of Federal Law No. 176-FZ dated 07/12/2024  "On Amendments to Parts One and Two of the Tax Code of the Russian Federation, Certain Legislative Acts of the Russian Federation and the Invalidation of Certain Provisions of legislative Acts of the Russian Federation." The main change is that USN payers become payers of value added tax (hereinafter referred to as VAT), but not all! And sole proprietors may lose the right to apply for a Patent. Let's tell you more! What is changing As in 2024 As of 2025 Income limit for 9 months of last year for the transition to the USN For the transition from 2024, the limit is…

From January 1, 2025, significant changes in the procedure for paying insurance premiums will come into force, which affect both organizations and individual entrepreneurs. The innovations relate to the rates, payment deadlines, as well as the rules for accounting for contributions. Let's analyze the key changes. 1. Reduced insurance premiums for manufacturing industries According to Federal Law No. 176-FZ of 07/12/2024, enterprises and sole proprietors whose main economic activity relates to manufacturing industries will be entitled to pay insurance premiums at a reduced rate of 7.6%. This tariff applies to payments to employees exceeding 1.5 minimum wage. For amounts up to 1.5 minimum wage, the standard tariff of 30% is maintained (Federal Law No. 362-FZ of 10/29/2024). The list of types of manufacturing industries eligible for the benefit is at…

In 2024, for the first time, Russians will have to pay income tax on bank deposits for 2023. The new procedure established by law obliges taxpayers to declare interest income exceeding the established limit. When and how the tax appeared The Law on taxation of interest on deposits entered into force on January 1, 2021. The tax applies exclusively to interest income, and not to the funds in the accounts themselves. Revenues for 2021 and 2022 were exempt from tax by special decree, but this benefit has been abolished since 2023. How personal income tax is calculated from deposits The tax is charged on the part of interest income exceeding the non-taxable limit, which is calculated based on the maximum key rate of the Bank of Russia on the first…

In modern conditions of digitalization, many processes of interaction with government agencies are moving to an online format. This is especially true for businesses where convenience and efficiency are of great importance. One of the key tools for interaction with tax authorities is the Personal Account of the taxpayer organization, which is available on the official website of the Federal Tax Service (FTS) of Russia. What is the Personal account of a taxpayer organization? The personal account of a taxpayer of a legal entity is a special online service of the Federal Tax Service, which allows organizations to receive up—to-date information on the status of settlements with the budget, submit various requests, as well as monitor and replenish the balance of the Unified Tax Account (ENS). All this can be…

What is the digital ruble? The digital ruble is a new form of the Russian national currency developed by the Central Bank of Russia. It is a digital version of the regular ruble, which exists exclusively in electronic form. Unlike non-cash money, which is stored in bank accounts and depends on commercial banks, the digital ruble will be issued directly by the Central Bank and exist as electronic records in a special platform. The digital ruble is a means of payment along with cash and non-cash rubles, and, in fact, it can be considered the third form of national currency. Transactions with the digital ruble will be carried out through special electronic wallets linked to identified users. Advantages of the digital ruble Security and transparency. Transactions with the digital ruble…

Expert opinion on upcoming changes in tax legislation On January 1, 2025, a new chapter 33.1 "Tourist tax" will enter into force in the Tax Code of the Russian Federation. This is a significant event for the tourism industry, as the new tax will replace the experimental tourist tax in some regions. The Federal Tax Service (FTS) has already prepared a draft order on the introduction of a new tourist tax return, which is published on the portal of draft regulatory legal acts. What is a tourist tax? The tourist tax will become an additional source of income for municipalities. The regions will have the right to independently decide whether to introduce this tax on their territory. The funds raised will be credited to the budgets of municipalities and directed…

From February 1, 2025, new requirements for the mandatory use of cash register equipment (KKT) come into force for organizations and individual entrepreneurs operating in the territories of the Donetsk and Lugansk People's Republics, Zaporizhia and Kherson regions. This requirement is based on the provisions of Federal Law No. 54-FZ of May 22, 2003 "On the Use of Cash Register Equipment in Making Payments in the Russian Federation" (hereinafter - Law No. 54—FZ), which regulates the procedure for the application of KKT in Russia. Basic requirements and transition deadlines According to Article 7.2 of Law No. 54-FZ, all organizations under the general taxation regime are required to begin applying the CCT when making payments from February 1, 2025. This applies to both large enterprises and small businesses. However, the Government…