Tax for small business will be increased by 3.9% in 2018

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Налог для малого бизнеса будет повышен на 3,9% с 2018 года

The Ministry of economic development prepared a draft order, raising a single tax on imputed income (UTII). According to the Ministry of economy published materials, the tax base imputed income — it has not changed for over two years — will increase by 3.9%. This is due to the revision of the deflationary factors that affect the size of the UTII — Ministry of economy predicts an increase in the 2017-2018 year inflation from 3.2% to 4%.

Levied under the simplified scheme the imputed income is entered at the discretion of the region. It as a replacement for the standard system of taxation may voluntarily choose small enterprises operating in the service sector.

Despite the fact that the imputed income was introduced to reduce the bureaucratic burden on small enterprises, in 2016 the volume of tax reporting on it grew exactly twice. The relevant calculations conducted chamber of Commerce. The number required to fill the forms reached 34.

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