An entrepreneur can use the general system and pay almost all taxes or switch to special regimes.
Please note: next year the “imputed” chapter of the Tax Code of the Russian Federation will lose force, this means that individual entrepreneurs will not be able to switch to paying UTII. If this year a businessman uses the specified special regime, then it’s time to think about changing it. Otherwise, from 01/01/2021, the individual entrepreneur will automatically change it to OSN.
In addition, in 2021, individual entrepreneurs have the right to work on the simplified tax system, PSN and unified agricultural tax.
The choice depends on the scale of activity (volume of revenue, number of employees, cost of fixed assets), region, type of activity, etc.
Special modes allow you to pay less taxes, submit fewer reports, and handle simple accounting yourself. However, special conditions must be observed. They are different for each mode, so the individual entrepreneur can choose the mode that suits him.
When to pay simplified taxes
To switch to the simplified tax system, an individual entrepreneur must submit a notification before December 31, 2020, in which the selected tax object must be reflected:
- “income” - the tax rate will be from 1 to 6 percent depending on the region;
- “income minus expenses” - tax rate from 5 to 15 percent depending on the region.
From 2021, new restrictions apply for the use of the simplified tax system: no more than 130 employees and no more than 200 million rubles, respectively.
Entrepreneurs using the simplified tax system pay the following mandatory payments to the budget:
- simplified tax system;
- personal income tax for your employees;
- insurance premiums for your employees and for yourself;
- property tax for individuals;
- transport tax;
- land tax.
Advance payments of the simplified tax system must be transferred to the budget quarterly, no later than the 25th day of the month following the reporting period (Q1, half a year and 9 months) (Clause 7 of Article 346.21 of the Tax Code of the Russian Federation).
The budget must be paid no later than April 30 of the following year.
In this regard, in 2021, individual entrepreneurs using the simplified tax system will pay a “simplified” tax within the following terms:
- for 2021 - 04/30/2021;
- for the first quarter of 2021 - 04/26/2021;
- for the first half of 2021 - 07/26/2021;
- for 9 months of 2021 - 10/25/2021;
- for 2021 - 05/02/2022.
How much should an individual entrepreneur pay for himself in 2020?
Individual entrepreneurs' insurance premiums consist of two parts - fixed and additional. A fixed portion is paid even if there is no income. It goes towards two types of compulsory insurance - pension and medical. Additional pay is only for incomes above 300 thousand rubles.
Individual entrepreneurs from affected industries
For entrepreneurs whose main OKVED code as of March 1, 2020 is included in the list of affected industries, the fixed part of the payment for compulsory pension insurance (OPI) is 20,318 rubles.
For health insurance, the contribution remained the same for all individual entrepreneurs - 8,426 rubles. In total, for 2021, affected individual entrepreneurs must pay 28,744 rubles.
The amount can be divided into several payments and paid throughout the year. The main thing is to meet the deadline up to December 31, 2020 inclusive. For those who work for the simplified tax system or UTII, it is more convenient to transfer insurance premiums quarterly in equal parts in order to reduce the tax on them.
Additional contributions to compulsory pension insurance will be added to this amount at a rate of 1% if income for 2021 exceeds 300 thousand rubles.
Other individual entrepreneurs
Individual entrepreneurs who do not belong to the affected industries will pay 40,874 rubles in 2021, of which:
- for pension insurance - 32,448 rubles;
- for medical insurance - 8,426 rubles.
Additional contribution - 1% on income exceeding 300 thousand rubles. per year, but not more than 259,584 rubles.
Additional contributions on income over 300 thousand rubles. for all individual entrepreneurs
If the annual income of an individual entrepreneur exceeds 300 thousand rubles, then in addition to 28,744 rubles. for affected industries and 40,874 rubles. for everyone else, you also need to pay additional pension contributions. They are transferred until 07/01/2021 in the amount of 1% of the excess amount. Additional contributions to compulsory pension insurance should not exceed RUB 259,584. taking into account fixed payments. This is a limit value that is the same for all individual entrepreneurs. The discount for affected industries does not apply to additional contributions.
What is considered income for calculating an additional contribution depends on the individual entrepreneur taxation system.
- OSNO - income subject to personal income tax minus expenses associated with business activities.
- The simplified tax system is only taxable income or the difference between income and expenses, depending on the chosen object of taxation. For a long time, tax authorities insisted that under the simplified tax system with the object of taxation “income minus expenses,” expenses do not participate in the calculation. But on September 1, the Federal Tax Service issued a letter in which it allowed to reduce income by the amount of expenses incurred.
- UTII and PSN are imputed or potential income from which tax is calculated.
Tax payment schedule for 2021 according to OSN
Organizations and individual entrepreneurs apply the general taxation system (GTS) by default. On the OSN, the entrepreneur pays VAT, personal income tax, property tax and all other taxes, except those provided only for special regimes.
We present the deadlines for payment of the main taxes payable when applying the OSN in 2021.
Personal income tax
Individual entrepreneurs pay advance payments for personal income tax for 2021 no later than the 25th day of the first month following the first quarter, half year, 9 months (clause 8 of article 227 of the Tax Code of the Russian Federation). In this regard, in 2021, individual entrepreneurs must transfer personal income tax advances to the budget within the following periods: 04/26/2021, 07/26/2021, 10/25/2021.
The tax at the end of the year is paid no later than July 15 of the following year (clause 6 of Article 227 of the Tax Code of the Russian Federation). Thus, the tax for 2021 will need to be paid no later than 07/15/2021, for 2021 - 07/15/2022.
Individual entrepreneurs transfer personal income tax from payments to employees in the usual manner.
