INNOVATIONS IN TERMS OF CALCULATING INSURANCE PREMIUMS, AS WELL AS REPORTING ON INSURANCE PREMIUMS AND PERSONAL INCOME TAX

From January 1, 2020, new limit bases for calculating insurance premiums are in force: 912,000 rubles. - for insurance premiums for temporary disability and maternity, 1,292,000 rubles. - for mandatory pension insurance contributions. It is necessary to reflect information on the assessed and paid contributions on a new RSV form. The procedure for filling it out, as well as the format, were approved by the Order of the Federal Tax Service of Russia dated September 18, 2019 No. ММВ-7-11 / 470 @.

From January 8, 2020, the procedure for calculating the terms for insurance premiums for injuries has changed (Federal Law No. 486-FZ of December 27, 2019). So, the calculation is made in working days to provide explanations when errors in the calculation are detected during the office check, the submission of documents that are needed by the inspectors to exercise control, informing about the impossibility of providing documents requested during the check, Small Business Accountants in Walsall etc.

Since 2020, the procedure for exemption from the payment of fixed insurance premiums has been simplified for lawyers who have suspended their status. In order not to pay contributions for compulsory pension and medical insurance in fixed amounts during the period of suspension of advocacy, it is no longer required to provide supporting documents to the IFTS. Only one application is required (clause 7 of article 430 of the Tax Code of the Russian Federation as amended by Federal Law No. 325-FZ of September 29, 2019).

Organizations with several separate subdivisions included in their composition, located in the same municipality, can provide income tax reporting and transfer it to the budget at the place where either the company itself or one of its subdivisions is taken into account (clause 2 of article 230 of the Tax Code of the Russian Federation as amended by Federal Law No. 325-FZ dated December 29, 2019). To switch to the new procedure, you must notify the IFTS in writing. The notification form is established by order of the Federal Tax Service of Russia dated 06.12.2019 No. ММВ-7-11 / 622 @.

Starting this year, individual entrepreneurs and private practitioners are no longer required to reflect their estimated income in reporting in the form of 4-NDFL (Federal Law No. 63-FZ of 15.04.2019). Instead, they should independently calculate and pay advance payments. Calculation of payments is made based on the tax rate, income received after the fact, standard and professional tax deductions. Until 2020, such calculations were the responsibility of the IFTS employees.

Tax agents with a number of 10 people or more must provide 6-NDFL and 2-NDFL in electronic form (Federal Law No. 325-FZ of 29.09.2019). Previously, the maximum limit was 25 people.