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Government Imposes Moratorium on VAT Penalties for Simplified Tax System Entrepreneurs in 2025

    • The government has introd
    uced a moratorium on VAT penalties for small businesses on the simplified tax system who are filing their first VAT return for any quarter in 2025, aiming to help them adapt to new regulations. This decision comes as new revenue and fixed asset limits for the simplified tax system in 2025 now require businesses with over 60 million rubles in revenue to pay VAT, and the moratorium is effective from publication, applying to relations from January 1, 2025.

Source: nalog.gov.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.

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