The Ministry of Finance of the Russian Federation has submitted to the Government draft amendments to the Tax Code, which will allow maintaining access to a number of measures to support SMEs for a smooth business adaptation to the changes that came into force in 2026. This is reported on the ministry's website.
The Ministry of Finance proposes to amend the Tax Code, according to which, from April 1 to December 31, 2026, companies and sole proprietors in the field of catering on the simplified taxation system (USN) and the patent taxation system (PSN), which have become VAT payers since 2026, are exempt from VAT, without having to comply with the condition on compliance with the average salary level. last year, the average salary in the region.
Entrepreneurs who have lost the right to apply the PSN since 2026 will be given the opportunity to use the right to VAT deductions on goods, works, services and property rights that were not used in the application of the PSN.
A business on the USN that has become a VAT payer since 2026 is supposed to be given the right to reduce by the amount of VAT paid the income on the USN received in the form of advance payment during the period when it was not yet a VAT payer.
When determining the amount of income for 2025, if exceeded, the VAT exemption will be lost, it is proposed not to take into account income in the form of interest on deposits and balances on bank accounts in Russia by entrepreneurs with incomes for 2025 not exceeding 60 million rubles, who have lost VAT exemption on the USN since 2026. The same right is granted to individual entrepreneurs who have lost the right to apply the PSN since 2026.
A business on the USN that has become a VAT payer since 2026 may be granted the right to reduce by the amount of VAT paid the income on the USN received in the form of an advance payment during the period when it was not yet a VAT payer.
It is planned to establish that if, by the end of 2025, the income of an entrepreneur who combined the PSN with the general taxation system exceeded 20 million rubles, he will receive the right to switch to the USN from January 1, 2026, notifying the tax service no later than April 25, 2026. Individual entrepreneurs who combined the PSN with the USN will be able to change the object of taxation under the USN for the 2026 tax period by April 25.
The Ministry of Finance also proposes to exclude the condition on the necessary share of income from the main activity for the previous year (at least 70%) for the application of reduced insurance premium rates for SMEs in the manufacturing industry.
It is planned to provide small and medium-sized businesses with the opportunity to summarize income from basic and additional types of activities from the lists of the Government of the Russian Federation when calculating the required share of income for the benefit.
