What is VAT? VAT is perhaps the most popular among all the existing tax.His pay all manufacturing organizations working for the common tax regime.On it, on the one hand, they know everything.On the other hand, knowledge of these is usually so superficial that many think that the VAT - it's just adding 18 percent to the cost of goods or services.
Simple tax does not exist.Feature VAT shows that this tax is quite a complicated structure , because some businesses are exempted from paying it, some get certain benefits.Therefore, it is important to know these nuances, which correctly calculate the VAT and do not lose their own money at the same time due to the lack of knowledge in this area.This is an elementary fines.
What is VAT? General concepts
Value Added Tax - an indirect tax, that is an extra cost of goods. It is a form of seizure of the value added to the state budget.VAT is determined as the difference cost of goods sold (services), and the cost of the material costs for the production and treatment.
This tax has a direct impact not pricing, consumption patterns, regulates demand. In fact VAT is one of the most powerful tools of fiscal state.
VAT acts in Russia since 1992.Now the procedure of calculation and payment of VAT is governed gl.21 Tax Code.
Since January 2004 C1 acts VAT rate of 18%.
VAT payers serve businesses and individual entrepreneurs, physical persons who transport goods across the border.Exempt from VAT organizations and entrepreneurs who are working on special tax regimes.So be aware of what is necessary to VAT and legal and natural persons.
There is the possibility to exempt from VAT even on the common mode (art.145 of the Tax Code).According to him the VAT can not pay the company, whose revenues for the last three months has not exceeded 2 million. Rubles.To release the need to contact the tax office.
subject to VAT perform transactions of sale of goods (services) and transfer of property rights.In addition, the objects are, and transfer operations (including free) of goods, services, construction and installation work, intended for their own consumption, as well as imported goods to the Russian Federation.
About 70 types of operations under Art.149 and 150 of the Tax Code are exempt from VAT, as listed in Art.146, p. 3 operations are not subject to VAT at all.
To understand what is VAT and how to calculate it, you need to study a lot of regulatory documents.
tax base - is the amount from which tax is calculated.It is determined (Art. 153-162 of the Tax Code) depending on the type of goods sold.If the implementation of a taxpayer subject to different tax rates, the tax base is calculated separately for each type of goods (services) that are subject of bets.If you apply the same rate, the tax base is considered to be a total of all types of transactions, which are taxed at this rate.In some cases, the tax authorities asked for clarification of VAT if there is a variety of rates and taxable items.
obligation to pay VAT arises in day of payment or shipment (including partial) of goods (services).
pay taxes quarterly.Because of the amount of tax to deduct.If they exceed the amount of VAT payable, the difference is refundable.
VAT rates are: 0%, 10% and 18%.List of products at lower rates given in the article.164 of the Tax Code.
Imposition of a zero rate for the company is more profitable than the VAT exemption.In this case, you can compensate the VAT on purchases.
amounts of VAT paid on goods (services) in the Russian Federation are deducted from goods sold.In connection with this organization who pay VAT, do not work with companies operating in other tax regimes.
Thus, to understand what is the VAT becomes a little easier.In practice, this tax is very similar to VAT: every seller adds to invoice this tax.Buyer may deduct from the tax paid for the goods (services) amounts.As a result, the payment of VAT actually lies not in the sellers of goods and their final retail consumers.This system allows you to avoid paying tax on tax.VAT is actually charged only when entering the goods in the hands of the end user.
