In their entrepreneurial activities, firms and individual entrepreneurs often combine several lines of business. To optimize taxation in such cases, it is necessary to apply special regimes. In this article, we will consider some features of the application of the Single Imputed Income Tax (UTII):
give the general concept of UTII;
determine which systems can be combined with which not and why;
we will learn how to keep separate records of income and expenses when combining UTII with other taxation systems.
General concept of UTII
A single tax on imputed income is a special regime that can be applied when carrying out a certain type of activity. The types of activities permitted to use this taxation regime are listed in paragraph 2 of article 346.26 of the Tax Code of the Russian Federation. This is not a definitive list, regional authorities Germany WhatsApp Number List may add additional species. Also, at the regional level, the use of this regime may be prohibited. So, for example, in Moscow, UTII is not allowed for use.
For the calculation, the approved basic profitability is used (approved in Article 346.29 of the Tax Code of the Russian Federation), multiplied by the value of physical indicators, adjusted for coefficients.
The interest rate is 15% and can be lowered by local authorities.
UTII replaces VAT, income tax, personal income tax for individual entrepreneurs, property tax for organizations and individuals, with the exception of real estate objects, the tax base for which is determined as their cadastral value.
What are the benefits of using UTII?
This special regime is used to optimize taxation and simplify the reporting of an organization and an entrepreneur. If a business has several directions, then the type of activity that falls under UTII can be transferred to a special regime, thus reducing the tax burden.
To start applying UTII, an Application for registration is submitted to the tax authorities. This must be done within 5 days from the date of transition to activities that fall under UTII.
UTII-1 form notification is submitted by organizations and UTII-2 forms by individual entrepreneurs. The application is submitted to the IFTS at the place of business, but, in the case of the provision of services, when it is impossible to accurately determine the place of business, such as:
delivery or peddling retail trade;
placement of advertisements on vehicles;
provision of motor transport services for the transportation of passengers and goods.
An application for the transition to UTII, organizations must be submitted at their location, and individual entrepreneurs at their place of residence.
Which systems can be combined with UTII, and with which not, and why
Since UTII can be applied only for certain types of activities, a combination of regimes is often used in business, when some direction is transferred to “imputation”, and the company is completely on the general regime, “simplification” or “agricultural” tax.
Consider options for combining modes.
Combination of UTII with OSNO
For example, car maintenance (UTII) and wholesale of spare parts (OSNO).
A very common combination of modes. Here you only need to look at restrictions on the use of UTII, for example, if a tractor or trailer is being repaired, then this type of service will fall under the OSNO in our case, since UTII is not allowed to use such means for repairs. The number of employees should not exceed 100 people.