Is it possible for IP not to pay taxes at zero income

Payment of taxes is the responsibility of the individual entrepreneur, for the late execution of which fines and penalties are threatened. But what if the entrepreneur just registered and has not yet managed to get his first profit, or if the year turned out to be unprofitable for his business? Can an individual entrepreneur not pay taxes in this case?

Even if the individual entrepreneur did not conduct business in the current period or received a loss, he is still obliged to pay taxes to the Pension Fund (fixed payment). The obligation to pay contributions arises from the individual entrepreneur immediately after registration (however, the tax is recalculated in proportion to the time elapsed from the moment of registration).

In 2014, the minimum amount that must be paid to the FIU is 20, 727.53 rubles. Moreover, if an individual entrepreneur simultaneously works officially and the employer transfers contributions for him, this also does not exempt him from paying a fixed payment. And even if the individual entrepreneur himself is a pensioner or a disabled person, the legislation does not provide for any benefits or exemption from taxes.

This is the difference between an individual entrepreneur and an LLC, in the framework of which it is possible, for example, to send the general director on administrative leave for a period of lack of commercial activity. Thus, no payroll is made to LLC employees and the obligation to pay contributions to funds disappears.

Many entrepreneurs make mistakes by not closing the IP on time, and after several years they receive a notification demanding to pay off debts to the Pension Fund taking into account the accrued interest for the entire period.

Legislation does not provide for deferral of contributions. Amounts must be transferred before the end of the year, otherwise the entrepreneur will face fines and penalties.

When an individual entrepreneur is required to pay income tax, even in the absence of income

Naturally, an individual entrepreneur with zero income is exempted from paying income tax, but he must not forget to file a “zero” declaration, otherwise he will have to pay a fine to the tax and PFR.

If an individual entrepreneur fails to submit a tax return on time, the FIU will calculate the contributions based on the calculation of 8 minimum wages, i.e. in the amount of 138 627.84 rubles.

But if an individual entrepreneur uses UTII, he will be required to pay tax on "imputed" income. For example, if an entrepreneur has his own retail store, then he pays taxes not based on the actual profit received, but on the basis of the footage of the sales area. In order not to pay tax, a non-entrepreneurial entrepreneur should be deregistered as a payer of UTII.