Ministry of Finance changed the tax regime for small businesses

Tax regimes for the MB changed. This is stated in a letter to the Ministry of Finance. The new law comes into force from the pore in January 2009. Under the new law regulated the procedure for calculating taxes for businesses that use the simplified taxation system. Now entrepreneurs are entitled to take into account when forming company's costs and expenses for the mandatory liability insurance, liability as well. Also, the lifting of restrictions on travel expenses (travel documents to download form). Under the new law the cost of purchasing raw materials will now be taken into account in payment for these products by debiting the current account of the taxpayer, the calculation of cash and some other method of calculation. For those MPs who have used the taxation of business income minus the expenses, easing restrictions on the transfer of losses from the previous fiscal period in the future. Also, there is no need for those who pay taxes on Simplified Taxation System (STS) to provide tax returns at the end of each reporting period. To make such declarations should only at the end of each tax period (calendar). Also, for those who use the USN, removed the obligation to grant tax on advance payments for the transportation tax and land tax. The order of the transition from the USN on the common system of taxation. In addition, the decree of the Russian government set the maximum size of income from the sale of goods and services for next year, excluding VAT for a certain category of small and medium-sized businesses. Thus income for micro-enterprises should not exceed 60 million rubles for small business - 400 million rubles, for medium-sized enterprises - 1000 million rubles.