What is the percentage of VAT in Russia for 2014?

Beginning entrepreneurs, before registering their own business with the relevant authorities, often ask themselves how much is VAT in Russia. This abbreviation designates the value-added tax. They are subject to business objects involved in the production and marketing of goods, as well as the provision of services.

VAT forms a kind of buffer, which provides for the additional market value of the goods produced by the enterprise. His calculation is based on the ratio of the initial and final prices. It was introduced with the aim of avoiding multiple collection of taxes directly from the same value.

Interest rates

VAT is charged for the sale of products and services to companies that operate in the Russian Federation. As for foreign counterparties, as well as legal entities and individuals residing in other countries, they have completely different principles for settlements. The table shows how many percent of VAT can be levied on Russian citizens.

Order of transfer

Raleigh does not play how many percent of VAT will be charged in each specific case when it comes directly to the payment. The order of contributions is the same for all. For counterparties that received income in Russia, there is a period of possible transfer of funds, which lasts until the 25th of the month, which follows the reporting quarter.

Each such payment is an advance payment. Its amount is one third of the total contribution. That is, the tax accrued for the year is divided into parts. Therefore, payment must be made every four months.

If the goods were imported, the accrued amount can be repaid in the next month after import (no later than the 20th day).

Calculations on a concrete example

If you know how many percent of VAT in Russia is levied on entrepreneurs and commercial organizations, it is not difficult to make the calculations. For example, there is a company that sells clothes at retail. To begin with, it must find partners supplying products to the market in bulk.

Let's say that they will order 10 jackets for a total of 150,000 rubles. For this category of goods, a rate of 18 percent is applicable. You can make the calculations as follows: 150000 * 0.18 = 27000 rubles. It is this amount that will appear in the invoice for the purchase. However, it can be directed to a deduction. The supplier will pay it to the budget.

Important changes

Certain amendments have been made to the documentation for VAT. How much interest in 2013 will have to pay for services related to customs clearance of goods, Russian companies became aware. They began to be taxed at a rate of 18 percent.

The documentation was authorized directly in electronic form. Specific electronic formats were clearly approved. Such a method of reporting enables taxpayers to freely submit primary documentation to the relevant authorities.

In accounting sometimes there are difficulties with the calculation of tax, when a foreign enterprise signs a contract with a price in foreign currency or conventional units, and the terms of payment are stipulated in rubles. A separate case is the circumstances under which the advance payment for the goods was made.

Prior to this, the calculations were made as follows. If the contract reflects that the supplied products are paid in rubles, the transaction amount is calculated at the official rate established on the date of transfer of funds. Now the definition of the tax base is carried out earlier. The date of shipment of the delivered goods or the day of payment for the forthcoming delivery is taken as a basis.

Reporting

The declaration can be submitted to the tax authorities upon personal visit to the institution, as well as via e-mail or regular mail. If the last option is used, then the date of reporting will be the one that was at the time of departure. For example, with the sending of the letter 21 there will be no number of penalties, even with his later admission to the institution itself.

When submitting a declaration, you must adhere to certain rules.

1. Documents must be sent to the inspection of the region in which the organization is registered.
2. If the company employs more than 100 people, then the declaration must be submitted only in electronic form.
3. Separate documentation for a separate subdivision is not necessary, since the reporting is conducted throughout the organization.
4. Mediators who issue (receive) invoices on their own behalf and do not belong to the category of tax agents must send only the accounting journal to the tax inspection.

Object of taxation

To monitor how much of the VAT is set by Russian law, will primarily people who are performing the following operations:

• Sale of goods;
• Import of products into the territory of the Russian Federation;
• Construction and installation works for personal consumption;
• Rendering various services.

As a conclusion

People who conduct business, in any case, should know about VAT rates. How much interest on services and goods introduced by the Russian government at the moment, not everyone knows. However, in modern life it can always come in handy. Throughout the time, people have to deal with matters relating to the provision of consumer services and the sale of goods.