Previously, the threshold was planned to be reduced in stages: to 15… (млн · ндс · порог)
Previously, the threshold was planned to be reduced in stages: to 15 million rubles starting in 2027 and to 10 million rubles starting in 2028. The adopted law shifts these reductions: to 15 million rubles by 2030 and to 10 million rubles by 2031. According to the Russian Ministry of Finance, this will exempt more than 360,000 entrepreneurs from paying VAT.
Consensus
- President Vladimir Putin signed a law freezing the VAT payment threshold for small businesses on the simplified taxation system at 20 million rubles until 2029.
- The previous plan was to reduce this threshold gradually: from 20 million to 15 million rubles in 2027 and then to 10 million rubles in 2028.
- The law modifies Article 145 of the Tax Code of the Russian Federation.
- The measure is intended to prevent a reduction in tax revenue for small businesses on the simplified taxation system (УСН).
- The change was made effective immediately upon publication and will apply from 2026 onwards.
Points of divergence
- According to financial analysis, the federal budget will lose 51.1 billion rubles in 2027, and about 100 billion rubles annually from 2028-2029 due to this measure. — vm
- The law also restores the right to a tax deduction for selling shares of closed investment funds (PIFs) under NDFL, which was previously limited only to open PIFs. — fontanka
- Putin issued an order on June 5 during a meeting with the Council of Federation and Government to freeze these thresholds. — kommersant
- The law also clarifies that if income exceeds 20 million rubles in any year from 2026-2029, businesses must start paying VAT starting from the first day of the following month. — interfax
Coverage (6 sources)
- Putin extends VAT tax break for small businesses on simplified system by four years — Вечерняя Москва
- Putin signs law restoring tax deduction upon sale of shares in closed mutual funds — Фонтанка
- Putin freezes the revenue threshold for VAT payment at the level of 20 million rubles — Ведомости
- Putin Keeps VAT Revenue Threshold at 20 Million Rubles — Коммерсантъ
- Putin signs law freezing VAT exemption revenue threshold reduction until 2029 — Интерфакс
- Income threshold for VAT payment frozen at the level of 20 million rubles — Вести