VAT for the 3rd quarter of 2021 - terms and payment procedure

How VAT is paid: general approach

The VAT amount calculated based on the results of each quarter of 2021 must be paid evenly over the next 3 months. Payment deadlines are no later than the 25th of each of these months.

EXAMPLE

VAT payable to the budget for the first quarter of 2021 must be transferred in equal installments no later than April 25, May 25 and June 25, 2021.

If the 25th falls on a weekend or a non-working holiday, then pay VAT no later than the first working day that follows this non-working day (Clause 7, Article 6.1 of the Tax Code of the Russian Federation). Thus, you must pay VAT for the first quarter of 2021 within the following deadlines:

• April 25, 2021 inclusive;
• May 25, 2021 inclusive;
• June 25, 2021 inclusive.

Features and deadlines for paying VAT in 2020

Let us remind you that the amount of value added tax, which should be calculated based on the results of the quarter, is paid for the next three months in equal payments. Current Russian legislation sets the deadline for paying VAT - no later than the 25th day of each of three months. If the tax payment date falls on a non-working day, it will need to be paid on the next working day.

Below we provide a table showing the deadlines for paying VAT in three installments in 2021:

Let's give an example. Let's assume that the amount of VAT that should be paid to the budget is 66,000 rubles. An organization can break the payment into three parts:

66,000 / 3 = 22,000 rubles.

The VAT payable does not have to be divided into three parts, but the entire amount can be paid at once after the end of the quarter.

Important details in payments

Please fill out payment orders for tax transfers in accordance with Bank of Russia Regulation No. 383-P dated June 19, 2012 and Appendices No. 1 and 2 to Order No. 107n of the Ministry of Finance of Russia dated November 12, 2013.

Please note that some errors in the VAT payment order are fatal. This means that the transferred VAT on payments with such errors will not be considered paid, and the obligation of the taxpayer or agent to pay the tax will remain unfulfilled.

Such shortcomings include errors:

• in the Federal Treasury account number;
• in the name of the recipient's bank.

It also makes sense to pay attention to other details of the payment order so that the VAT payment transferred in 2021 is considered credited to the treasury.

Below is a table that explains the individual VAT payment details.

Current account for VAT payment

In 2015, changes occurred in the organizational structure of a number of Central Bank branches located beyond the Urals. The basis for this is the letter of the Central Bank dated December 26, 2014 No. 228-T. In this regard, the composition of the details has been significantly updated.

To know exactly where to pay VAT,

you must use the data presented on the Federal Tax Service website. There, information about the checkpoint, INN, BIC and current account number of the recipient of tax revenues is presented in full. For this purpose, the resource has a special template, by filling out which you can get a sample for translation.

Composition of the VAT return: minimal and extended

Composition of the VAT return for the 3rd quarter of 2021. depends on:

• who draws it up;
• what transactions were performed in the reporting quarter.

The minimum and extended sets of declaration sheets are described in the order in which it is completed, approved. by order of the Federal Tax Service of Russia dated October 29, 2014 No. MMB-7-3/ [email protected] :

Let's talk briefly about each section (group of sections) - who should fill them out and when.

Section 1

This section is intended to reflect the amount of tax payable or reimbursed from the budget according to the taxpayer.

Companies and individual entrepreneurs using special tax regimes (STS, PSN, UTII, Unified Agricultural Tax) are not recognized as VAT payers. But tax legislation allows them to issue invoices with an allocated tax amount. In this case, these persons are required to pay tax to the budget and submit a VAT return.

Taxpayers using the Unified Agricultural Tax from 2021 will need to pay VAT and submit declarations to the tax authorities on a general basis (Clause 12, Article 9 of the Law “On Amendments to the Tax Code of the Russian Federation” dated November 27, 2017 No. 335-FZ). The possibility of exemption from the obligations of VAT payers for representatives of this tax regime is also provided for in Art. 145 of the Tax Code of the Russian Federation (letter of the Federal Tax Service of Russia dated May 18, 2018 No. SD-4-3 / [email protected] ).

About the pros and cons of exemption from VAT under Art. 145 of the Tax Code of the Russian Federation is described here .

Section 2

Attention! Recommendation from ConsultantPlus: Fill out Section 2 separately (clause 36 of the Procedure for filling out a VAT return): Find out why there can be several Sections 2 in the declaration in K+.

Section 3

According to paragraphs. 2–4 tbsp. 164 of the Tax Code of the Russian Federation provides for the following tax rates:

• 10% - in relation to certain essential food products (salt, sugar, flour, etc.), baby and diabetic food products, products for children, medical products, etc.;
• 20% - in all other cases (except for those specified in paragraphs 1, 2 and 4 of Article 164 of the Tax Code of the Russian Federation);
• at the estimated rate in the situations described in clause 4 of Art. 164 Tax Code of the Russian Federation.

You will find a line-by-line algorithm for filling out section 3 and other sections of the VAT return in ConsultantPlus. A free trial of full access to the legal system is available.

Sections 4–6

The block of sections 4–6 is intended to reflect VAT on export transactions:

• Section 4 - issued if documents confirming export are collected within 180 days.
• Section 5 - it is filled out by taxpayers who have previously documented the validity of applying the 0% rate. But the right to deductions for these transactions arose only in this reporting period.
• Section 6 - this section must be completed by taxpayers who were unable to document the export within the specified period. For the period in which the export shipment occurred, tax must be calculated (by filing an updated declaration).

Find out about the rules for filling out sections 4–6 of the VAT return from this article .

Section 7

This section is completed only if VAT-free transactions were carried out in the reporting quarter.

When reflecting transactions in section 7, pay attention to the following - if during the reporting period you:

• You have received an advance payment for VAT-free transactions - you do not need to reflect it in your declaration. Section 7 shows only specific advances - those received against upcoming deliveries of goods whose production duration exceeds 6 months;
• We received a 100% contribution to the property from the founder with a share - there is no need to reflect it in section 7. This money is not associated with the sale of goods, works, services (subclause 2 of clause 1 of Article 162 of the Tax Code of the Russian Federation, letter of the Ministry of Finance of Russia dated 06/09/2009 No. 03-03-06/1/380).
• A loan was issued - its amount does not need to be reflected in section 7. Only the amount of accrued interest should be shown (letter of the Federal Tax Service dated April 29, 2013 No. ED-4-3/7896).

How to reflect the operation of calculating interest on a loan in section 7 using an example, see this material .

Sections 8–9

Learn more about filling out section 9 of the VAT return from this material .

Example of filling out section. 9 VAT returns from ConsultantPlus Organization “Alpha” shipped goods worth RUB 3,000,000 in the reporting quarter. without VAT and issued two invoices to its customers, which were registered in the sales book: dated 01/22/2020 N 19 and dated 03/20/2020 N 20. All transactions are subject to VAT at a rate of 20%. You can view the entire example in K+.

Sections 10–11

You will find tips on filling out these sections in the following articles:

• “Procedure for filling out section 10 of the VAT return”;
• “Procedure for filling out section 11 of the VAT return”.

Section 12

Section 12 is filled in with data from issued invoices.

What is the difference between an invoice and an UTD, we explain here .

Let's sum it up

• VAT is one of the taxes calculated quarterly. It is calculated based on data covering the quarter preceding the moment of calculation. The result of the calculation is formed in the tax return.
• You can pay the tax amount corresponding to the quarterly accrual not at once, but in installments equal to 1/3 of the accrued amount, monthly during the quarter following the quarter for which the calculation was made. The payment deadline for each and such months becomes the 25th. But if it coincides with a weekend, it shifts to a later day.
• A payment order for each VAT payment is drawn up according to the same rules. And these rules correspond to those established for payment documents for tax transfers. Mandatory completion in such documents requires information necessary to identify the tax payment.

* * *

Although about where to pay VAT,

Many people know that filling out payment documents can present a number of surprises. In order not to make mistakes, you will have to actively use the information contained on the resources of the Ministry of Finance, the tax department, and statistical authorities. It is imperative to check the relevance of the classifier codes used. The cost of incorrectly provided information will be quite high, since the funds will not reach the desired recipient. As a result, the taxpayer will receive late payment and corresponding penalties, leading to significant financial losses. That is why correctly filling out all payment order details is extremely important for any commercial organization.

Similar articles

• Payment order fields and sample filling
• Filling out a payment order in 2021ː sample
• What is kbk in a payment card?
• How to fill out a payment order for land tax?
• Unique accrual identifier in a payment order