Apply a single tax on imputed income can companies that meet certain requirements. This regime is applied in the sphere of small business and has preferential taxation.
What is the interest in the UTII regime and who can use it
UTII is a rather attractive mode, but, unfortunately, not all companies can use it. In order to go to the "impute", the company needs to fulfill a number of requirements.
When planning a transition to UTII, first of all, it is necessary to clarify whether such a regime operates on the territory of the subject where the company is registered. Currently, not all cities have introduced such a regime. The following important conditions for the transition to the "impute" are considered compliance with certain parameters of the number and size of the retail space. The limit of employees should not exceed one hundred people, and the sales area of the premises is 150 square meters. m
The special UTII regime was developed for small organizations in order to reduce tax and accounting obligations, therefore individual entrepreneurs and LLCs planning to carry out activities on a small scale can apply for UTII. It is very important that the company is not listed in the register of large taxpayers.
At what point can I apply for UTII and how to do it
In order to switch to a special tax regime, you need to register as a taxpayer with the tax office. This is usually done at the time of filing the registration documents, but no later than five days after receiving the certificate. An application for UTII can be submitted on any day of the reporting period, but the entrepreneur will be able to use the regime only from January 1. If the company opens a new type of business, then you can switch to UTII on any day of the year.
To provide the necessary documents for the transition, you need to contact the regulatory body at the place of business. In some cases, entrepreneurs are required to register a special regime at the place of registration of the company. These activities include advertising, distribution and passenger transport.
Rules for filling out a transitional application for UTII
The tax inspectorate has developed an application form, which is used when switching to this special mode. For companies registered in the form of LLC, an application for UTII 1 is used, and for entrepreneurs, an UTII form 2 is used.
Additional submission of registration documents is not required. The application can be submitted to the tax in a valuable letter describing the attachment by mail of Russia, transmitted via electronic communication channels or bring the document in person. If the UTII form is handed over by courier, then an officially filled power of attorney will be required.
The time limit for reviewing an application is five business days, after which the regulatory body puts the taxpayer on record or gives it a reasoned refusal.
Setting up accounting using special mode
The accounting and tax reporting when using UTII is notable for its simplicity and a small number of declarations submitted at the end of tax periods. Switching to UTII exempts companies from paying many tax payments, replacing them with a single tax on imputed income.
If a company pays salaries to employees, then these contributions must be credited to the funds and accounted for at the end of the quarter. In addition, accounting UTII does not exempt from the submission of financial statements at the end of the year. The tax return on imputed tax is submitted quarterly no later than the 20th day of the next month, and the tax is transferred until the 25th day of the same month.
What indicators are included in the single tax formula
The formula for calculating the total tax amount consists of several variables and depends on the personal indicators of the company. When calculating UTII , two main coefficients are used, which are annually adjusted by regulatory authorities. In this regard, the accrued tax is constantly changing its values. In order to find out the current ratio, you must contact your local tax office.
The indicator of basic profitability, which is set by the state and depends on the type of services provided, also plays a large role in calculating tax.
A single tax on imputed income is the most profitable and widespread tax regime, therefore it is recommended that companies whose activities meet the conditions of the special regime pay close attention to it in order to optimize tax deductions.