Automated Taxation System (ASN)

2021: Start of microbusiness transfer experiment to automated taxation system

In Russia, an experiment begins to transfer microbusiness to an automated taxation system. This was announced on November 17, 2021 at a government meeting by Russian Prime Minister Mikhail Mishustin.

The project will last six years. Organizations and individual entrepreneurs will participate in it, whose annual income does not exceed 60 million rubles, and the number of employees - no more than five. Organizations will be able to connect to the system through the taxpayer's personal account. Tatarstan and the Kaluga region already want to take part in the experiment, Mishustin said.

An experiment to transfer microbusiness to an automated tax system begins in Russia

The new tax regime assumes that legal entities and individual entrepreneurs will not have to independently prepare and submit tax returns, since payments will be calculated automatically on the basis of cash registers and movement on accounts opened with an authorized bank. Through it it will also be possible to accrue salaries to employees.

According to Mikhail Mishustin, the transition of microbusiness to an automated system should positively affect the activities of such enterprises and ensure a reduction in non-production costs. They will be able to direct the freed resources to their own development, the Chairman of the Government of the Russian Federation added. The authors of the initiative expect that an automated taxation system will be in demand by small businesses and legalize income from relevant activities.

The Federal Tax Service (FTS) has been working on the creation of an automated system since July 2021. After 2 months, the details of the initial version of the bill became known: he assumed that the new regime would apply to organizations and individual entrepreneurs working under the simplified tax system (USN). They will be exempt from insurance premiums while increasing the tax burden: for companies with the USN regime, the rate will increase from 6 to 8% of revenue, with the "income minus expenses" regime - from 15 to 20% of profit. ^[1]

Notes