from January 1, in Russia from the payment of value added tax (VAT), entrepreneurs of public catering are liberated. This right will receive restaurants, catering facilities, including field service items. Earlier, the State Duma adopted the relevant amendments to the Tax Code.
To obtain benefits, revenue of catering enterprises should not exceed two billion rubles per year. In addition, for enterprises with personnel from 250 people will reduce insurance premium rates. The tax is canceled in part – the departments of cooking in organizations and individual entrepreneurs engaged in retail trade, such a benefit will not receive. Also, the company for the production of blanks and other types of retail trade will not be able to qualify for it.
Organizations will be released from the obligation to take accounting reports to other government agencies in addition to the tax inspectorate at the place of registration. VAT is one of the main taxes for the country. This is the second source of revenue after taxes on the oil and gas sector.
Restaurant business and public catering are very affected during the pandemic period. Only in Moscow because of the pandemic in 2020, 208 catering establishments were closed. Business lost about 40 percent of entrepreneurs.