Unified Tax Account (JN)

• Taxes in Russia

Chronicle

2024: "Tochka" connected data exchange with JN

Point Bank launched integration with the Unified Tax Account (JN) for its clients in the Online Accounting Department. Entrepreneurs will be able to see the balance and tasks for paying taxes, taking into account the data of the EN. This function is available in one window - the service displays information about taxes both for business and for personal as an individual. The bank announced this on April 12, 2024. Read more here.

2023: Citizens' virtual wallets. FTS explained the procedure for automatic tax write-offs

The Russian tax office has now begun to automatically write off money to the budget from the virtual wallet (Unified Tax Account, EN) of a citizen after sending a notice of the need to pay taxes. The new mechanism in the Federal Tax Service was told Forbes in mid-July 2023.

The Federal Tax Service implements the so-called "proactive tax payment procedure." All payments are accumulated on one virtual wallet - the tax account of an individual, individual entrepreneur or company. Further, the tax authorities themselves distribute money to pay various taxes.

Virtual wallets of citizens. FTS explained the procedure for automatic tax write-offs

This mechanism is a service solution, the Federal Tax Service notes. If earlier, having received a notification in your personal account on the FTS website or by registered mail, the payer himself had to transfer money through the site or bank, now the tax write-off will occur automatically.

As emphasized in the Federal Tax Service, the budget will receive only the amount that a citizen must pay on the basis of a tax notice. Everything above this amount will continue to be stored on the virtual wallet. If the funds in the account are not enough to fully pay off obligations for all taxes, they will be partially repaid. The presence of a positive balance in the account can protect the payer from liability for late payment of taxes.

A positive account balance can save the payer from penalties for late tax payments. For example, if there are outstanding obligations before the deadline for paying property taxes (December 1), then the money transferred to pay for upcoming obligations will be written off to pay off an earlier debt, the department explained.

Tax before, before the introduction of the EN, took into account overpayments on tax (an analogue of a positive balance in a virtual wallet), reducing the amount payable by their size, the Federal Tax Service recalled.^[1]

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