The basic income tax rate is increased

– Starting from 2025, the basic rate of profit tax is increased from 20 to 25%, including:

o 8% – to the federal budget

o 17% – to regional budgets

Tax at the rate of 25% is calculated on income received in 2025 or later.

– Starting from 2025, the rate to the federal budget for IT companies will increase from 0 to 5% and will remain in effect until 2030. The regional one will remain equal to 0%.

From 2025 organizations and individual entrepreneurs applying the simplified taxation system become VAT payers

Exception – if income does not exceed 60 million roubles per year. The exemption is provided for in Article 145 of the Tax Code of the Russian Federation. There is no need to submit a notification to the Federal Tax Service. VAT declarations do not need to be filed.

But you will have to issue invoices marked “No tax” and keep a sales book (unless the rules change).

If income exceeds 60 million rubles during the calendar year, the right to exemption will be lost from the 1st day of the month following the month in which the excess occurred.

Then it will be necessary to calculate and pay VAT according to the general or special procedure:

– general procedure – in full compliance with Chapter 21 of the Tax Code of the Russian Federation, applying rates of 20%, 10%, 0%, estimated rates and deductions;

With special treatment, the tax rate is lower, but there are no deductions, so you need to calculate what is more favorable.

– special procedure

Rates:

o 5% – if the taxable income for the previous calendar year and the current year does not exceed 250 million rubles;

o 7% – from the month in which the income for the current year exceeded 250 million rubles (or from the beginning of the year if the simplified taxpayer exceeded the limit at the end of the previous year).

In order to apply the 5% or 7% rates, it is not necessary to submit an application; the tax inspectorate will see that a special procedure applies from the first VAT declaration, which will reflect the applicable tax rate.