Will there be a tax amnesty for individual entrepreneurs in 2018
A tax amnesty for individual entrepreneurs in 2018 will allow for writing off the “old” debt of entrepreneurs. Including business representatives will be able to resolve the issue of bad debts on insurance premiums. Within the framework of the developed procedure, the old obligations will be written off from the individual entrepreneur without a corresponding appeal to the tax authority.
Problems of the past
The economic crisis has led to a rapid increase in problem liabilities, including in the part of tax payments. According to officials, the total amount of such debts is approaching the mark of 150 billion rubles. At the same time, the total number of problem debtors exceeds 1 million individual entrepreneurs.
This problem needs an operational solution, says head of state Vladimir Putin. As a result, the authorities plan to write off the bulk of bad debts, which will improve the financial situation of small businesses.
As part of the proposed innovations, the tax amnesty for the PI in 2018 will concern the following categories of tax liabilities:
- arrears, which was formed before 2015;
- unpaid insurance premiums calculated until 2017.
Most of the troubled debts were formed as a result of a sharp deterioration in the economic situation, which did not depend on the actions of entrepreneurs. In this situation, the authorities decided to release the IP from previous commitments, which will be the key to further growth. At the same time, officials should develop the most simple mechanism for writing off debt, which would not require additional treatment by the entrepreneur to the tax office.
The developed mechanism for closing formed delinquencies has a number of features that will affect the final write-off. Some unpaid payments are not subject to amnesty, obligations on them will remain in full.
Nuances of debt relief
Officials point out the nuances of debt cancellation in 2018, which entrepreneurs should take into account:
- The total amount of overdue liabilities will not affect the fact of write-off. The main requirement is that the debt is formed before January 1, 2015.
- In some cases, delays are not subject to amnesty (excise tax, mineral extraction tax, VAT).
- In addition to the main body of payment, entrepreneurs will be exempt from the payment of accrued interest and penalties.
To write off debts on insurance premiums, the following conditions must be met:
- PI did not conduct activities after the formation of debt;
- Reporting did not give up, which led to the maximum possible calculation of the amount of the contribution.
To simplify the procedure for entrepreneurs, the debt will be written off unilaterally without additional documents from the PI. In this case, the FTS will not notify about the fact of write-off, interested persons will be able to obtain relevant information upon request.
Experts in different ways assess the decision of the authorities to grant amnesty on taxes for individual entrepreneurs in 2018, noting the contradictory consequences of this initiative.
A simple solution - ambiguous consequences.
Optimists believe that the release of old debt will be an additional factor in economic growth:
- Small businesses will be able to save the financial resources needed for expansion.
- The level of the shadow economy will decrease, since part of the IP will be able to restore work on a legal basis.
At the same time, small business representatives will be able to count on a reduction in the cost of credit resources, which will be possible due to further correction of the Central Bank’s discount rate. In addition, the SP will continue to receive support under existing state programs. As a result, optimal conditions will be created for the development of entrepreneurship.
Pessimists point out possible negative consequences as a result of a tax amnesty. First of all, those who had previously paid the mandatory contributions would be at a disadvantage. Such a decision may lead to a deterioration in payment discipline and lower rates of tax collection. For bona fide taxpayers, the question will be whether it is worth paying taxes in the future if they can simply be written off during the next amnesty.
In addition, the positive consequences for IP will be only on paper. Debt that is hopeless will be written off. Most of these entrepreneurs have long ceased operations and do not plan to resume it.Since the real cash flow is unlikely, the authorities decided to write off bad debts.
Not only entrepreneurs
In addition to the PI, tax amnesty will apply to ordinary citizens. Individual taxpayers will be exempt from paying the following taxes assessed until 2015:
- property tax (including villas);
- land tax;
- transportation fee.
Experts say that this approach will allow you to write off a lot of debts that were not even suspected by property owners. First of all, this refers to situations when the tax inspectorate did not send a payment order for a long time.
Also, officials propose to cancel the payment of land tax for pensioners, since this category of citizens remains the least socially secure and needs additional support from the state.