Enlarge imageadvance payment under simplified tax system

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Rax liability. Simplified taxpayers pay it in installments based on the results of quarters. We explain what an advance payment under the simplified tax system is and how to calculate it.

Advance payment under the simplified tax system
When to pay
Reducing the advance payment
How to reduce advance payments for individual entrepreneurs under the simplified tax system
How an LLC under the simplified tax system can reduce an advance payment
How to calculate penalties for an overdue advance payment
Summary
The end of the quarter is a difficult time luxembourg mobile number for whatsapp for business: preparing reports, paying taxes. In this article, we will tell you how simplified taxpayers can get through this period.

Legal entities must report for the previous year by March 25, and for the first three months of 2023 by April 25. To ensure that everything goes smoothly, you should know how to calculate the advance payment under the simplified tax system “Income”.

Advance payment under the simplified tax system
Businessmen on the simplified tax system send a completed declaration to the tax authorities once a year. They pay the tax the same number of times, but there are also advance payments.

If the project exists in the form of an LLC, then the settlement date is March 28. Individual entrepreneurs have a month more time.

However, businessmen on the simplified tax system have another obligation - advance payments. These are parts of the general tax that are paid based on the results of the first three quarters. At the end of the year, what has already been paid is subtracted from the final amount, that is, there will be no overpayment.

To calculate the advance payment, take the Book of Income and Expenses and calculate how much you earned in a quarter. Multiply the resulting number by 6% (if you work under the simplified tax system "Income") and by 15% (if you work under the simplified tax system "Income minus expenses").

A nuance! You will not be fined if you do not pay.