Deadline for submitting VAT returns and deadlines for paying VAT for the 3rd quarter of 2021.

Procedure for calculating VAT

Tax calculation is simple. According to Chapter 21 of the Tax Code of the Russian Federation, the amount payable is the difference between outgoing and incoming VAT.

Output VAT is the amount of tax you add to the price when you sell a product or service. This amount is written: “including VAT.” All payers and tax agents are required to assess tax.

Input VAT is the amount of tax charged to you by a supplier or contractor. The Tax Code allows it to be deducted to reduce the tax payable (Article 171 of the Tax Code of the Russian Federation). But this is only possible if:

• goods and services purchased for use in activities subject to VAT;
• purchased goods are accepted for accounting;
• you have an invoice from the supplier and primary documents (bill of lading, act, etc.);
• 3 years have not yet passed since the inventory items were accepted for accounting.

It is impossible to deduct VAT if the supplier is not its payer or if goods and materials and services were acquired for use in non-VAT taxable activities.

Incoming VAT is recorded in the purchases ledger, and outgoing VAT is recorded in the sales ledger. These documents are part of the VAT return.

Example. Albion LLC received revenue of 1,200,000 rubles for the 1st quarter, including output VAT of 200,000 rubles. During the same period, goods and materials were purchased in the amount of 600,000 rubles, including input VAT of 100,000 rubles.

We calculate the tax payable:

200,000 - 100,000 = 100,000 rubles.

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VAT payment deadlines

VAT is a quarterly tax. It is paid in equal installments within three months following the reporting quarter (Article 174 of the Tax Code of the Russian Federation). For example, accrued VAT for the first quarter must be paid in equal parts for April, May and June. The deadline for payment is the 25th of each month. If the day falls on a weekend, the deadline is moved to the next working day. In the table we have collected the deadlines for paying VAT in 2021 for individual entrepreneurs and LLCs on OSNO.

Tax agents are required to remit VAT within the same time frame. But there are exceptions for agents who buy goods or services for sale in the Russian Federation from a foreign company that is not registered in Russia. Such agents must pay VAT on the same day they transfer the remuneration to the foreign company.

Companies and entrepreneurs using the simplified tax system may also have to pay VAT. The table lists such situations and payment deadlines.

Accountant's calendar for the 3rd quarter of 2021

Important information for those submitting reports for the 3rd quarter of 2017:

On October 16, 2021, Elena Vitalievna Botova will conduct a free webinar on reporting on the topic “Income Tax. Calculations and payment in 2021" .

You can register HERE

Recording of a webinar on taxation by Elena Vitalievna Botova, which took place on September 26, 2021 on the topic “VAT. Latest changes in legislation and application practice" You can see HERE

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Taxation using the 1C program: Accounting 8. Analysis and internal control of the financial activities of the enterprise

Practice of reporting for VAT and income tax using the 1C program: Accounting 8.3

Payroll and personnel accounting using the 1C program: Salary and Personnel Management 8

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Quarterly payment of VAT

As a general rule, VAT must be paid in equal installments over the three months following the reporting quarter. The payment deadline is no later than the 25th of each month.

If you wish, you can pay the tax early: transfer the entire amount at once after the end of the quarter or divide it into two payments instead of three. There are three payment methods:

1. The standard method is monthly payment. VAT is transferred based on the results of the quarter in equal payments over three months no later than the 25th of each month.
2. Early one-time payment - quarterly payment. VAT based on the results of the quarter is transferred no later than the 25th day of the first month following the reporting quarter.
3. Early payment in installments - payment twice a quarter. The first payment based on the results of the quarter is transferred no later than the 25th day of the first month - its amount should not be less than ⅓ of the tax amount. The balance is due the following month no later than the 25th.

Example. For the 1st quarter, VAT payable amounted to 900,000 rubles. Let's consider three options for paying tax.

1. Monthly payments in equal installments. During the next quarter they are made no later than:
   April 25 - 300,000 rubles;
2. May 25 - 300,000 rubles;
3. June 25 - 300,000 rubles.
4. Quarterly one-time payment. The full amount of VAT must be paid no later than the 25th day of the first month following the reporting quarter. That is, there will be one payment - 900,000 rubles until April 25. There will be no payments in May and June.
5. Payment twice a quarter. You can split the payment in any convenient way, but it is important to pay no less than ⅓ in April and no less than ⅓ in May. For example, you can distribute payments like this:
   April 25 - 300,000 rubles;
6. May 25 - 600,000 rubles;
7. June 25 - 0 rubles.

You cannot make the first payment in the second or third month following the quarter - this would violate the tax payment deadlines. The fine is 20% of the amount of tax not paid on time. And if the inspection proves that the violation is intentional, the fine will increase to 40% (Article 122 of the Tax Code of the Russian Federation).

If the company from our example does not pay 300,000 rubles in April, it will be late. For this she will receive a fine of 60,000 rubles, and maybe even 120,000 rubles. In addition, the tax office can block the account (clause 3 of Article 76 of the Tax Code of the Russian Federation).

The main rule

According to the Tax Code of the Russian Federation the deadlines for paying VAT in 2016 are regulated by paragraph 1 of Article 174. According to it, payers must transfer the calculated tax after the tax period in three equal amounts no later than the 25th day of the three months that follow the corresponding tax period. Let us remind you that according to the law, the tax period for VAT is every quarter.

The general tax rule also applies: if the VAT payment date falls on an official non-working holiday, then the VAT payment deadline is subject to shift any number of times during the year. You can wait until the next working day.

Thus, the deadline for paying VAT for the 3rd quarter of 2016 (July - September) falls on (see table:

For each of these dates, one third of the total amount of VAT payable must be transferred to the budget.

Quarterly VAT return

It is important for the tax office to see how you calculated VAT, so after paying the tax, submit your return within the following deadlines:

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For special tax regimes

For special regime employees, the deadlines for paying VAT in 2016 are somewhat different. Let us recall that the obligation to transfer VAT to the treasury arises for firms and individual entrepreneurs under special regimes, and for persons named in paragraph 5 of Article 173 of the Tax Code of the Russian Federation if they:

• issued an invoice to your buyer;
• allocated the VAT amount in it

For these categories, the deadline for paying VAT in 2016 is determined by one date: no later than the 25th day of the month following the reporting quarter. This refers to the period when such an invoice was issued. In addition, the tax must be paid to the budget in one lump sum. It cannot be split into pieces. This is due to the fact that these categories do not pay VAT regularly.

As you can see, for special regime employees the deadline for paying VAT for the 3rd quarter of 2016 is October 25. It's Tuesday.