- The VAT declaration for the first quarter must be submitted in a new form by April 25.
- All VAT payers, including those using the simplified tax system, must submit the declaration.
- The new form and submission guidelines were approved by the Russian Federal Tax Service order from November 5, 2024.
- The declaration includes VAT rates of 5 percent, 7 percent, 5/105 percent, and 7/107 percent for simplified tax system payers with 2024 income over 60 million rubles.
- Simplified tax system payers with 2024 income under 60 million rubles do not need to submit the declaration.
- VAT rates of 9.09 percent and 16.67 percent are included for Russian marketplaces selling to EAEU individuals.
- New exemptions and operation codes are included in the declaration for non-taxable VAT operations.
Source: garant.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
