The business Ombudsman has proposed to exempt SMEs from taxes for three years

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www.vsyako.netBoris Titute: Vladimir Gerdo / TASS

Authorized under the President of Russia for entrepreneurs ‘ rights Boris Titov has proposed three-year tax exemption of the enterprises of small and medium businesses with special tax regimes. This is stated in the report of the business Ombudsman of the Russian leader Vladimir Putin, reports TASS.

“To postpone the abolition of UTII to 2024 (the period of the national project for SMEs), and start reforming the tax system for small business after the pandemic (in particular, to provide a full tax exemption for SMEs special regimes of taxation for three years)”, — stated in the text.

Also the report suggests to establish that victims of coronavirus businesses will make a payment to the budget on all types of taxes, including VAT, one-time after tax period of 2020. In addition, it is proposed to exempt from paying taxes on 50 percent of enterprise on OSN with the number of employees to 500 people.

Support for entrepreneurs is provided by the national project “Small and medium entrepreneurship”, which is implemented in Russia at the initiative of President Vladimir Putin. It involves the increase in the number of employees in small and medium enterprises, including individual entrepreneurs, to 25 million people by the end of 2024, increasing the share of SMEs in GDP to 32 per cent and the share of exports of SMEs — up to 10 percent of the total by 2024. Only the implementation of the project it is planned to allocate more than 481 billion.

Video, photo All from Russia.

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