According to tax data, as part of the adjustment of income…
According to tax data, as part of the adjustment of income thresholds for VAT payment under the simplified tax system, taxpayers with income between 20 and 60 million rubles contributed 108 billion rubles to the budget, while companies and entrepreneurs with income between 60 million and 450 million rubles contributed 415 billion rubles.
Consensus
- The increase in VAT rate from 20% to a base of 22% took effect on January 1, 2026.
- Additional budget revenues amounted to 426 billion rubles for the first half of 2026 as a result of the VAT increase.
- The total amount of budget inflows in the first half of 2026 reached 31 trillion rubles, an 8% increase compared to the same period in 2025.
- Regional budgets grew by 8%, and federal budgets increased by 6% year-on-year.
- Non-resource revenues accounted for approximately 90% of the federal budget and rose by 25%.
- The reduced threshold for mandatory VAT payment under simplified taxation applies to entrepreneurs with annual revenue between 20 million and 60 million rubles, who paid 108 billion rubles in VAT.
- Entrepreneurs and companies with revenue from 60 million to 450 million rubles paid 415 billion rubles in VAT.
- Income tax (NDFL) and insurance contributions increased by 13% over the first half of 2026 compared to the same period last year.
- The reduced VAT rate of 10% remains for socially significant goods, including basic foodstuffs, medicines, and children's products.
Points of divergence
- The reduction in the revenue threshold for small businesses transitioning to simplified taxation was implemented as part of measures contributing to budget revenues. — kommersant
- President Vladimir Putin signed a law in November 2025 increasing VAT to 22% starting in 2026 and gradually reducing the revenue threshold for mandatory VAT payment under simplified taxation, with plans to lower it from 60 million to 15 million rubles by 2027 and further to 10 million rubles by 2028. — vedomosti
- On June 5, at the St. Petersburg International Economic Forum, Putin proposed postponing further reduction of the revenue threshold and maintaining it at 20 million rubles. — vedomosti
Coverage (2 sources)
- Tax Service reports budget revenues of 426 billion rubles after VAT rate increase — Коммерсантъ
- Tax and Customs Service: Raising VAT to 22% brought the budget 426 billion rubles for half-year — Ведомости
Key entities
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