What is the reporting of individual entrepreneurs on the simplified tax system in 2021 (table and deadlines)

Payers of the simplified taxation system submit only one declaration per year. Organizations using the simplified tax system must report no later than March 31 of the year following the reporting year. For individual entrepreneurs, the declaration campaign lasts longer, the deadline for submission is April 30.

Everyone who submitted an application to switch to a simplified regime must report for 2021. If an individual entrepreneur does not operate within the framework of the simplified tax system, combining this regime with another taxation system, then the declaration will be zero.

Please note: individual entrepreneurs from affected industries who received an exemption from paying advances for the 2nd quarter of 2021 must reflect in the declaration all income received and calculated advance payments.

Declaration form according to the simplified tax system

The simplified tax system declaration for 2021 for payers of this preferential regime was approved by order of the Federal Tax Service of Russia dated February 26, 2016 No. ММВ-7-3/ [email protected]

Please note: by order dated December 25, 2020 No. ED-7-3/ [email protected] the Federal Tax Service approved a new declaration form, which applies to reporting already for 2021! And for 2021 you must report using the old form.

In total, the form contains 8 pages, but different pages are filled out for different tax objects. In this article we will look at filling out only the “Revenue” object, as the most popular option.

Prepare a simplified taxation system declaration online

The completed tax return under the simplified tax system Income will include the following pages:

• title page;
• section 1.1;
• section 2.1.1;
• section 2.1.2, if the simplifier pays a trade fee
• section 3, if targeted funding has been received (see paragraphs 1 and 2 of Article 251 of the Tax Code of the Russian Federation).

Sections 1.2 and 2.2 are intended only for the object “Income minus expenses”, therefore payers of the simplified tax system of 6% do not fill them out and do not attach them to the declaration.

It turns out that if an individual entrepreneur on the simplified tax system for income did not pay the trade fee and did not receive targeted funds, then he only needs to fill out 3 pages: the title page, sections 1.1 and 2.1.1.

Objects of taxation

Compliance with the regulatory norms and rules of the Tax Code of the Russian Federation consists of timely submission of reports and transfer of tax payments. If all instructions are followed, there will be no problems in establishing interaction on the part of the Federal Tax Service and other inspection structures.

The taxation procedure depends on the type of business and deductions are calculated in one of two directions to choose from:

1. 6% when taking into account only income.
2. 15% for the difference between income and expenses.

The right to choose a direction is granted every year until December 31 by written notification to the Federal Tax Service. The ability to choose allows you to reduce the amount of taxes transferred to the budget.

“Simplified” rates are lower than those of businessmen on other systems, which is positively reflected in the amount of working capital.

Errors and inaccuracies must not be allowed in the report to avoid fines from the Federal Tax Service.

What information is reflected in the simplified taxation system declaration?

Let us remind you that the income statement of an individual entrepreneur for the year is the only form of reporting that must be submitted to your tax office. But during the year, the individual entrepreneur transferred advance payments for the single tax and insurance premiums for himself. The individual entrepreneur does not submit any reports on them.

Advance payments and insurance premiums paid for yourself and employees directly affect the amount of annual tax payable, so they are reflected in the declaration. In order to report correctly, collect information about the listed advances, contributions and income received. If you have been keeping an accounting book for the simplified tax system (KUDiR) for a year, this will not be difficult.

Please note: although KUDiR is not submitted to the tax office, the information from it must fully correspond to the figures that you enter in the annual declaration. If, due to incorrect filling out of the KUDiR, the tax base in the declaration is underestimated, the individual entrepreneur faces a fine of 40 thousand rubles under Article 120 of the Tax Code of the Russian Federation.

What taxes do not need to be paid on the simplified tax system?

All businessmen who work on the Simplified Taxation System, in accordance with paragraph 3 of Article 346.11 of the Russian Tax Code, are exempt from paying a number of taxes, namely:

• from value added tax (except for the tax paid on imported goods, as well as in the case of transactions under agreements: joint activities, trust management of property and concession agreements and when performing the duties of a tax agent);
• from tax on property of individuals (used in business, with the exception of property tax calculated at the cadastral price);
• from income tax (in relation to own income).

Some taxes must be paid upon receipt of a notification from the tax office and if there is an object of taxation:

• land tax;
• transport tax.

Reporting on land and transport taxes is provided for organizations. Individual entrepreneurs do not submit reports on them.

Deadline for submitting a declaration according to the simplified tax system

We have already noted above that the deadlines for submitting a simplified declaration for LLCs and individual entrepreneurs are different. Entrepreneurs have a little more time for this. Individual entrepreneurs must submit a declaration under the simplified tax system for 2021 no later than 04/30/2021. But still, you shouldn’t put off submitting your reports until the last few days.

• Firstly, April 30 is also the deadline for submitting the 3-NDFL declaration, which is submitted by individuals when selling real estate and transport. It is likely that there will be long queues at inspections during this time.
• Secondly, if you report before the end of April, you will have time to correct a possible error in the declaration before the end of the reporting period.
• Thirdly, 04/30/2021 is the deadline for paying the single tax at the end of the year. It is better not to put off two important things at once until this date: filing a declaration and transferring taxes to the budget.

For violation of the deadlines for submitting a declaration under the simplified tax system, tax authorities not only fine, but also have the right to block the current account of an individual entrepreneur. The fine for late filing of a declaration, provided that the tax was paid on time, is 1,000 rubles. Be careful!

But in addition to annual reporting, declarations under the simplified regime are submitted by individual entrepreneurs who have ceased to be payers of the simplified tax system during the year:

• in case of voluntary departure from simplified employment - no later than the 25th day of the next month after termination of activity;
• in case of violation of the conditions for applying the preferential regime - no later than the 25th day of the month following the quarter in which the right to the simplified tax system was lost.

Summary table for all types of individual entrepreneur reporting on the simplified tax system

This section presents a reporting table that individual entrepreneurs using the simplified tax system must submit to regulatory authorities.

* The first date is for paper format, the second is for electronic format.

Important!

According to paragraph 7 of Art. 6.1 of the Tax Code of the Russian Federation, any report whose due date falls on weekends or holidays can be submitted on the first working day.

Requirements for filing a declaration

The procedure for filling out a declaration for the simplified tax system is approved by Appendix No. 3 to the Order of the Federal Tax Service of Russia dated February 26, 2016 No. ММВ-7-3 / [email protected] In general, these are standard requirements for tax reporting forms:

• Only capital printed characters are used;
• When filling by hand, black, purple or blue ink is allowed;
• when using a computer, only Courier New font with a height of 16 - 18 points is allowed, and numerical indicators are aligned to the last right familiarity;
• if the declaration is filled out by hand, a dash is entered in the empty fields; when filled out on a computer, dashes are optional;
• cost indicators are rounded and indicated in full rubles;
• the completed declaration must not contain any errors, blots or cross-outs;
• Each page is printed on one sheet, double-sided printing is not allowed;
• the pages do not need to be stapled or stitched;
• Continuous numbering is used, starting from the title page, and only completed pages are numbered.

You can create your declaration yourself in a specialized online service.

Prepare a simplified taxation system declaration online

You can submit a declaration under the simplified tax system by post, electronically if you have an electronic signature, or on paper during a personal visit to the inspection. We recommend the latter option. In this case, you still have a second copy of the declaration with the Federal Tax Service stamp in your hands. It may be needed when opening a current account or to confirm the income of an entrepreneur.

Periods for paying taxes and contributions

To avoid additional expenses in the form of penalties, it is necessary to comply with the deadlines for transferring mandatory payments to the budget.

Table - Dates for paying taxes

Transfer dates are the last day for processing a payment order. Make your payment in advance.

To transfer a payment or tax, you must indicate the budget classification code. In this regard, the simplified tax system provides two ways to determine tax.

Transfer by “income”:

• tax amount 18210501011011000110;
• penalty 18210501011012100110;
• fine

When paying according to the difference between income and expenses:

• tax 18210501021011000110;
• penalty 18210501021012100110;
• fine 18210501021013000110.

If entrepreneurs at the end of the reporting period received a loss or the calculated tax amount is below the established minimum, payments must be made in the amount of the established minimum tax. To transfer the BCC, use the one for which tax is paid according to the “Income minus expenses” system.

All contributions are calculated according to formulas regulated by the code. Please enter codes carefully to avoid incorrect amounts being credited.

Procedure for submitting reports

All necessary reports can be submitted to the Federal Tax Service and funds in the following ways:

• personally visit the inspector and submit the report on paper or electronic media. If you need to submit it on paper, pay attention to the order in which the documents are prepared; they may need to be bound and certified with a seal and signature. Specify numbering;
• transfer through third parties. If they have the appropriate authority. All necessary actions permitted to the representative of the individual entrepreneur are indicated in a notarized power of attorney;
• by sending via Russian Post by registered mail with a mandatory list of attachments. You need to remember about the deadlines for submitting documents to the Federal Tax Service, so send them a little earlier than the deadline specified in the regulations;
• by sending by email;
• through the official website of the Federal Tax Service with a qualifying signature. You can issue a signature through the website, the operation of which does not cause any comments, and submit reports without leaving your home using the link https://www.nalog.ru/rn23/service/pred_elv/.

If the entrepreneur did not carry out any activity, a declaration must be submitted even “zero”, until an application for change of status is sent to the INFS.

For the convenience of individual entrepreneurs, the deadlines for submitting reports and paying taxes and contributions are systematized by date and do not change during the reporting period, which is equivalent to a calendar year.

The system offers all businessmen a simple procedure for recording the basic facts of economic activity, does not require additional costs for hiring and maintaining an accountant, and if there are no employees on staff, a minimum number of reports is required. All you need to do is ensure that the forms and reports provided are up to date and transfer funds to the budget in a timely manner.