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Home - FTS is planning to update the VAT return

The income tax return for 2020 must be submitted in an updated form

The IFTS finalized the declaration form, its format and the procedure for filling it out.


The government has prepared a project according to which the annual income is more than 5 million rubles. you need to pay personal income tax at a rate of 15%.

It is planned that the new rules will need to be applied starting with revenues generated in 2021.


The minimum wage for 2021 became known

The Ministry of Labor has established a living wage for the working-age population for the II quarter of 2020. It is equal to 12 392 rubles.

FTS is planning to update the VAT return

The tax authorities have prepared a draft that changes the form of the VAT return, the procedure for filling it out and the format. Adjustments were required due to changes in legislation, including increases in the VAT rate.
It is planned that the order will come into force in the first quarter of 2019.
Read more about the project in our material.
Document: Draft Order of the Federal Tax Service of Russia (public discussion ends October 30, 2018)