Taxes and reporting SP on STS without employees

The absence of employees does not relieve the entrepreneur of the obligation to calculate taxes and regularly submit declarations. To remove all questions about taxes and reporting of individual entrepreneurs on the simplified tax system without employees in 2017, we have prepared a handy guide that contains all the necessary information about the timing, rules and mandatory payments.

We do not complicate

The simplified taxation system (STS) exempts from paying a number of taxes. Instead, the entrepreneur deducts only one payment to the budget. It is quite simple and reduces the burden on your business.

An individual entrepreneur does not have to report on personal income tax () and. The amount of payment depends on the chosen object of taxation.

There are currently two of them:

• "income" (rate on the simplified tax system - 6%);
• "income minus expenses" (the rate on the simplified tax system is 15%).

For non-payment of tax, a fine is provided in the amount of 20 to 40% of the amount of unpaid tax (Article 122 of the Tax Code of the Russian Federation). In addition, penalties in the amount of 1/300 of the refinancing rate for each day may be charged for an overdue contribution (Article 75 of the Tax Code of the Russian Federation).

So, the reporting of an individual entrepreneur using the simplified tax system without employees is extremely simple, and payments are easy to calculate using the formulas and algorithms we have given. The main thing in this matter is to be careful and responsible: missing any of the listed points threatens with fines and unpleasant sanctions. By following all the rules, you minimize the risks of conflict situations with the tax office.

Late payment of taxes puts the taxpayer in a position not even envisaged by the Kama Sutra. Mikhail Mamchich, aphorist