Sunday, July 10, 2011

High profitability of small business, or for maintaining old business?

Ministry of Economic Development in early March 2011 has proposed to increase the loyalty program on insurance premiums for small businesses. The proposal was made directly to the Deputy Minister Alexei Likhachev during the Congress of the Chamber of Commerce in Russia. We remind you that this was already the sixth meeting of the CCI. It was the year 03/05/2011. Opening of the Congress Chamber of Commerce spent nearly a former president of the organization Yevgeny Primakov. The official expressed his own opinion about the rate of insurance payments for small businesses. It is worth noting that until recently this rate was only 14% of the amount of income SMBs. Primakov: "Since the price increase on goods and services used directly in small business, profitability of companies in this category is strongly reduced. And if we take into account the increase in insurance payments, the PSC and did have hard times. Thus, further development of small businesses in our state with such prices and taxes is under threat. The question of lowering the rate on insurance premiums must necessarily consider the heads of the Ministry of Finance, Ministry of Economic Development and the Health Ministry. On their shoulders should form a decision conducive to rouse a small business state. " In addition to the head of CCI, to create conditions and provide suggestions for improving the situation of insurance premiums for SMB offers and Prime Minister Vladimir Putin. Chairman of the Russian government ordered the above-mentioned departments to jointly develop a system of tax cuts for the MB in February 2011. Due to the fact that, until early March, a joint decision was made, Putin extended the deadline for implementation of instruction until March 14, 2011. It is worth recalling that before the end of 2010 SMEs were paying the unified social tax. After it was canceled, and requiring employers to pay premiums of 26% of the amount of income. Since the beginning of this year, the rate on insurance premiums rose to 34% of the profits, but a certain category of MB was created preferential rate corresponding to 26% in the period 2011-2012. At the moment, the Russian Union of Industrialists and Entrepreneurs proposes to extend the preferential rate for specific groups of entrepreneurs is not until 2012, as indicated above, until 2020. In turn, the Ministry of Economic Development offers not so much to extend and reduce the size of insurance premiums for small businesses to 14%. At the same time, Finance Minister Alexei Kudrin said that a rate reduction on insurance premiums for SMEs will affect the state budget a loss of 120 billion rubles. It is for this reason, the Ministry of Finance Ministry of Economic Development offers above indicate possible sources of revenue for state coffers, and only then reduces the size of insurance payments for SMBs. One way or another rate reduction to MB is necessary. The negative effect of increasing taxes almost doubled (from 14 to 34%) already reflected on the outcome of PSC in the first quarter of 2011. Back to 14% on insurance premiums and offers B. Korochkin, vice president of the All-Russian Public Organization of Small and Medium Enterprise Support of Russia. " According to him, such taxes will help small business in Russia is not "fatten" as many say, a normal function and develop. Many officials argue that raising or lowering interest rates on insurance premiums - is, first and foremost, the answer to the question of what we want - a good present (the profitability of the enterprises) or future (for decent pensions)?

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