Tip 1: How to Reduce VAT Tax

Instructions

Free enterprise VAT. This method is provided for by law and is based on Article 145 of the Tax Code of the Russian Federation. An enterprise has the right to be relieved of its duties as a taxpayer if some of the conditions specified in the article are met.

Contact the Federal Tax Service to obtain a VAT permit, which will be valid for 12 months or until the corresponding right is lost. This method of reducing value added tax is not suitable for those organizations that cooperate with VAT taxpaying companies in the course of their activities. The fact is that you will not be able to issue invoices to such firms indicating the amount of tax, and they will not be able to indicate VAT on the purchased goods.

Perform operations with the received ones. According to subparagraph 15 of clause 3 of Article 149 of the Tax Code of the Russian Federation, a loan is not a transaction subject to VAT taxation. In this regard, an agreement is concluded between the buyer and the seller for the amount of the advance. Further, instead of the novation agreement, the loan is returned to the buyer through the transfer to the supply agreement.

Use a commercial loan. It is often used if a large consignment of goods or expensive fixed assets were sold during the tax period. In this case, the seller and the buyer agree to reduce the cost of products with a deferred payment. Equate the amount of interest in the amount of the discount.

Carry out transactions with the goods in the load. When selling goods, on which a tax rate of 18% is charged, a minimum margin is set. At this time, the buyer offers the seller another product subject to 10% tax at a maximum mark-up. Carrying out such an operation will significantly affect the amount of tax.

Sources:

• how to reduce the payment of vat

Surely, many believe that it is impossible to reduce VAT and, moreover, it is illegal, however, this opinion is erroneous. In accordance with the norms of the tax code of the Russian Federation, any organization has the right to reduce the total amount of VAT by certain deductions established by the law.

Instructions

In order to reduce the total amount added, it is necessary to accept VAT to. First of all, you need to know that, according to the legislation of the Russian Federation, the acquisition of goods (works or services) for resale is recognized as deductions that reduce VAT; purchase of goods (works or services) for internal use.

Filling in the invoices that you receive must take place with the allocated VAT and only in accordance with clauses 5, 5.1 and 6 of Art. 169 of the Tax Code of the Russian Federation. At the same time, if an invoice is issued for the provision of work or services, then a special act on the performance of such services or work must be attached to it. And in the case when the invoice is accepted in view of the purchase of goods, a consignment note must go to it.

There are situations in practice when certain amounts for purchased goods or services are paid in advance. In such cases, it is necessary to charge VAT at the time of receiving an advance, and only then transfer funds to the budget. The accrued VAT tax on the sale of works, goods or services, when payment is made in advance, can be deducted. For such a deduction, as established by law, payment is not required.

You need to know that when transferring an advance for certain services, work or goods, the accountant is obliged to make the posting D68 (Calculations for value added tax) and K76 (Calculations for VAT from received advances). And the supplier is obliged to issue an invoice and calculate VAT within a certain number of calendar days (5 days) after the advance payment is received.

Related Videos

Sources:

• how to reduce vat tax

Value added tax is an indirect tax that is charged on almost all types of goods and is a heavy burden for the entrepreneur and the end consumer. There are several legal and proven schemes to minimize VAT and reduce tax pressure. At the same time, it is important not only to know these methods, but also to be able to use them correctly, otherwise you can come under the close scrutiny of the tax inspection.

Instructions

Take out a loan instead of getting an advance. The buyer, upon receipt of an advance payment, is obliged for this amount of VAT, which the seller is obliged to pay in the future. At the same time, he is deprived of the opportunity to deduct tax from an incomplete amount of payment until the final calculations are made, not only in money, but also in goods or services. In this regard, it will be easier to conclude a loan agreement for the amount of the advance payment in order to avoid taxation of VAT. The date of return of the borrowed funds should be close to the date of the final delivery of the goods.

In this case, it is necessary to note in the purchase and sale agreement that the goods are delivered without receiving an advance payment. This method of minimizing VAT is very risky, since tax authorities very often pay attention to loan issuance operations, considering this scheme as a way of tax evasion. In this regard, it must be economically justified.

Use a written deposit agreement instead of an advance. According to the Civil Code of the Russian Federation, where the deposit is described as a means of securing obligations and cannot be accepted as an advance payment, VAT is not charged on such an operation. Also, receiving a deposit is not included in the tax base for income tax.

Establish in the sales contract another reason for the transfer of ownership of the product. According to the Civil Code of the Russian Federation, ownership arises at the time of transfer of goods, unless otherwise specified in the contract or legislation. If you specify a different procedure for the transfer of ownership, then you can get a deferral for paying VAT to the budget, since according to the Tax Code of the Russian Federation, tax can be charged only upon the sale of goods and transfer of ownership.

Replace the sales agreement with a commission agreement or agency agreement. This method of minimizing VAT is suitable for companies that are engaged in the resale of goods, while an organization using a special tax regime should act as a counterparty.

Value added tax is calculated by the company in accordance with Chapter 21 of the Tax Code of the Russian Federation. The organization is obliged to pay an amount to the budget, which is calculated taking into account the tax rate, income, expenses and deductions of the company taken for the reporting period. Given these factors, it is possible to reduce the amount of VAT by minimizing the tax base, applying reduced rates or increasing the amount of tax deductions.