How to work IP on the USN

Most private entrepreneurs relate to small business, so the most convenient for them is the use of the simplified tax system. This system is optimal both in terms of tax burden and bookkeeping.

You will need

• - registration of an individual as an individual entrepreneur;

• - a statement on the transition to the simplified tax system.

Instruction manual

1

The transition to the simplified tax system is of a notification nature and is not applied by default. Before expressing their desire to use the simplified tax system, an entrepreneur needs to decide on the most optimal taxation system for himself. He can choose the simplified tax system with the tax object "income" with a rate of 6%, or "income minus expenses" with a base rate of 15%.

2

You can switch to the application of the simplified tax system when registering a new IP, or from the beginning of next year. So, in order for the entrepreneur to be able to use the simplified tax system in 2014, he had to submit a notification in the form No. 26.2-1 by December 31, 2013. The notification must be made in 2 copies, one of which will be a confirmation of the start of the application of the simplified tax system.

3

All entrepreneurs who work on the simplified tax system must use the cash method of revenue recognition. Therefore, they must register with the tax cash register and give all buyers cash receipts when buying for cash. Another option is the organization of receiving non-cash payments. For this, the individual entrepreneur must have his own bank account, which he can open in any bank.

4

Working at the simplified tax system, the entrepreneur does not submit any reports on tax payment and taxation during the year. All reports are submitted to the respective funds only if the individual entrepreneurs have employees. The declaration on the simplified tax system is submitted at the end of the year until March 31. An individual entrepreneur only has to pay advance tax payments every quarter. The amount of tax is determined on an accrual basis and depends on the tax rate. If an individual entrepreneur does not have employees, then applying USN income, he can reduce the amount of taxes to 100%.

5

Until January 20, IP must submit information about the average number.

6

Accounting IP at the simplified tax system is reduced to maintaining KUDIR, as well as observing cash discipline and filling out a cash book.

7

Also, the individual entrepreneur, regardless of the presence of activity and financial results, must pay fixed payments to the FIU. Their size changes annually. In 2014, their size for entrepreneurs with an income of less than 300 thousand rubles will be 20 727.53 p.

note

The following IP categories cannot apply USN:

- IE with a staff of over 100 people;

- IE with an annual income of more than 64.02 million rubles. in year;

- IE producing excisable goods and working in the gambling business;

- IPs applying CES.

Useful advice

In order for an individual entrepreneur on a simplified tax system to be able to reduce the amount of tax on payments to the FIU, they must be paid quarterly.

how to work in uss