In order for businesses to suffer as little as possible from the increase in corporate income tax (CIT) in 2025, companies need to have an accurate picture of their financial situation, Ekaterina Yakhontova, head of the affiliate sales department of the Fintablo service, told Gazeta. .Ru.
A business must provide regular management accounting: track income, expenses and collect profits. The expert emphasized that it is necessary to calculate at least an approximate NPO on a monthly basis based on the data. He added that this can be done using specialized financial accounting automation services.
“It is important for the owner to know this amount in advance in order to fully prepare and understand how much money he will have to pay to the state at the end of the quarter,” Yakhontova said.
Fintablo also advised entrepreneurs to create a reserve fund to cover unexpected expenses and tax payments, and to develop a long-term financial plan that takes into account possible changes in tax legislation.
Other tips include investing in improved customer service and loyalty programs. Yakhontova stressed that satisfied customers will be willing to pay more, which will help offset tax increases.
From next year, the share of NGOs in Russia will increase from 20% to 25%. A 5% income tax will be introduced for IT companies (they are currently exempt from income tax). According to experts, this measure will bring an additional 1.6 trillion rubles to the budget by 2025.
Russians before explainedFrom 2025, there will be changes to the child tax deduction rules.
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Source: Gazeta
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