Taxes in Belarus. Tax system of the Republic of Belarus Personal income tax in Belarus

A peculiarity of the tax legislation of the Republic of Belarus is the fact that the Tax Code consists of two parts (general and special), adopted with a large time interval.
The general part, adopted on December 19, 2002, states that tax legislation consists of:

Tax Code
corresponding laws
international treaties
acts of the President and Government
acts of state authorities and local self-government.

a common part establishes a general system of taxes, introduces, changes, terminates their operation on the territory of the country, defines basic terms and concepts, and regulates all general issues of taxation.

Special part, adopted on December 29, 2009, contains a detailed description of all taxes and various tax regimes in force in the country.

All taxes in Belarus are divided into: republican And local

Republican taxes

Value added tax. Payers are organizations and entrepreneurs, and when importing some goods, also individuals. Object – sales turnover for certain types of goods, works and services, as well as imports. The tax base is cash and other receipts from the sale of these works, services and goods. The minimum rate is ten percent.

Excise taxes. Payers are manufacturers and importers of excisable goods. Traditionally, excisable products include alcohol-containing and tobacco products, some types of fuel and fuel oils, disinfectants and household chemicals. Rates depend on the type of product and are set both as a fixed amount and as a percentage of its cost.

Income tax. Payers are organizations. Object – gross profit, base – the difference between income and expenses in a certain period. The general rate is eighteen percent, preferential rates are established for knowledge-intensive industries and manufacturers of high-tech goods.

Tax on income of foreign organizations who do not carry out activities on the territory of the republic through a permanent representative office. The tax base is profit minus confirmed expenses. The rate depends on the type of activity performed and varies from six to fifteen percent.

Personal income tax. The general rate is thirteen percent. A preferential rate of nine percent is established for employees receiving income from residents and non-residents of the Hi-Tech Park. The rate for entrepreneurs and notaries is sixteen percent, winnings are subject to a four percent rate.

Property tax. Payers are the owners and legal possessors of real estate. The tax base is determined based on the residual book value of the property or its valuation data. The rate varies from 0.1 to one percent depending on the type of property and the name of the payer.

Land tax. Payers are the owners and legal holders of land plots. Base – cadastral value of land. Rates are different for different categories of land.

Environmental tax. Payers are persons who carry out harmful emissions into the environment, as well as waste disposal. Base – volumes of such emissions. The rate depends on the type of harmful impact.

Tax on extraction (withdrawal) of natural resources. Payers are all persons carrying out such production, except for government organizations. Base – production volume. The rate is set depending on the type of mineral.

Tax for travel of motor vehicles of foreign countries on public roads. The rate depends on the type of transport and its weight. Vehicles weighing over five tons are taxed.

Offshore tax. Payers are residents. Object – transfer of funds to an offshore zone and fulfillment of other (non-monetary) obligations to a non-resident registered in an offshore zone. Base – transfer cost or contract price.

The rate is fifteen percent. Stamp duty

. Object – transactions with bills. Base – the amount of the bill. The rate in cases directly provided for by law varies from fifteen to twenty-five percent, depending on the type of transaction, as well as the parties to the transaction. In cases not expressly provided for by law, the fee rate is 0.1 percent. Consular fee, state fee, patent fees

There are also a number of fees and charges classified by the Tax Code of the Republic of Belarus as tax payments, the rates and collection procedure of which are regulated by other regulations.
Such fees include:

customs duties and fees (established by decrees of the President of the Republic of Belarus)
recycling fee (established by decree of the President of the Republic of Belarus dated February 4, 2014)
fee to finance government expenditures (established by the decree of the President of the Russian Federation of April 2, 2015 “On the prevention of social dependency”).

Local taxes and fees

Dog ownership tax. Payers are animal owners. Object – dogs over three months of age. The rate is calculated based on the dog's height.

Resort fee. Payers are individuals. Object – the fact of being in health institutions. Base – the price of services provided or travel. Rates vary, but cannot be more than five percent.

Collection from suppliers. Payers are persons who collect and procure mushrooms, plants, and other raw materials for the purpose of their further industrial processing and sale. The base is the cost of the harvested goods; the rate can be no higher than five percent.

Special tax regimes

The territory of the republic provides for a large number of special tax regimes, which include:

simplified taxation system
unified taxes: from individual entrepreneurs and other individuals, for producers of agricultural products
gambling tax
tax on lottery activities
fee for the implementation of: handicraft activities, activities in the field of agroecotourism
a single tax on imputed income

These regimes simplify taxation for certain areas of activity, as a rule, they replace, in whole or in part, several taxes in different combinations.

Conclusion

When assessing the tax system of Belarus, it should be noted that its basic tax law is modern, understandable, and detailed. There is a tendency to stimulate the development of industries engaged in activities in the field of high technologies, as well as producers of agricultural products. This is done by providing these categories of taxpayers with benefits and preferences.

The legislation has carefully worked out a large number of special simplified tax regimes, compared to other CIS countries, which has a beneficial effect on the development of small and medium-sized businesses.

Tax rates for the main taxes (income, VAT, profit) are very liberal. However, the total number of taxes in the country is considerable.

Even with a very general analysis of the main provisions of tax legislation, what is especially striking is the fact that the amount of taxes collected from individuals is excessive. In addition to traditional taxes, there are also those that do not exist in any other CIS state: a tax on dog owners, a fee to finance government spending, a resort fee.

It is difficult to assess whether this is good or bad. Provided financial stability and a high level of income of the population, the presence of these taxes has a positive effect on the interests of the state, since at low rates for taxpayers these fees and taxes are not too burdensome. But if the level of income of the population is low, then collecting, in addition to the main ones, such secondary fees does not seem fair and correct.

The article was prepared by specialists from SoyuzPravoInform LLC.

Taxes 2018 in the Republic of Belarus

Taxation in 2018 remained the same as in 2017; there have been no fundamental changes for business yet.

Please note: on January 1, 2016, the new National Classifier “Types of Economic Activities” came into force. Economic activity codes have changed significantly! So wholesale trade now belongs to code 46, and retail trade to code 47. Construction is classified under codes 41 to 43. Computer repair is classified under code 95, etc.

When preparing reports to the tax office for the past quarter, you must prepare a cover letter about changing the type of activity code. This information applies to absolutely all types of activities!

Internal Revenue Service for the Central District of Minsk
Applicant details

About the classification of the type of activity
In connection with the entry into force of the Resolution of the State Committee for Standardization of the Republic of Belarus dated October 8, 2015 No. 48
“On amendments to the national classifiers of the Republic of Belarus” activity code 74119 Other activities in the field of law changed to 69109 Other activities in the field of law.
Director Signature

Taxation systems for Belarusian enterprises in 2018

In 2018, there have been no fundamental changes in the taxation system. Basic tax rates remained at the previous year's level.

What taxes do enterprises pay in Belarus? What are the amounts of business taxes in the Republic of Belarus? Which tax system to choose, simplified or general? In short, there is general procedure for calculating taxes And two simplified taxation systems(without allocation of VAT and with allocation of VAT). Income of individuals is taxed at income tax rates

General taxation system

Legal entities registered on the territory of the Republic of Belarus, under the general taxation system, pay the following taxes, fees and other obligatory payments

value added tax - VAT, rate 20% of turnover on sales of goods, works or services
income tax, rate 18% of taxable profit
insurance contributions for compulsory social insurance of employees, social insurance, rate 34% of the wage fund
compulsory insurance against industrial accidents, rate 0.6% of the wage fund
in addition, if required by the legislation of the Republic of Belarus
- property tax
- land tax
- excise taxes
- environmental tax
- tax on extraction (withdrawal) of natural resources
- offshore tax
- stamp duty
- other taxes

Simplified taxation systems

Two simplified taxation systems are applicable for small businesses. The table provides an example of tax calculations under different taxation systems. The example should be considered legal advice only. It does not take into account all the intricacies of calculating taxes in the Republic of Belarus, but gives an idea of the taxation systems in Belarus. The example is given to evaluate taxation systems in the Republic of Belarus and shows the principles of tax calculation in Belarus.

Comparative table of tax systems in 2018

The following are not entitled to apply the simplified system of organization:

News. Events. Data.
Regulatory acts and comments.
Tax practice.
Note to accountant.
Audit and control.
Customs regulation.
Formal consultation.
Legal office.
Reference Information.

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In Belarus they pay more taxes on salaries than in the USA, but less than in Germany

How much income tax and insurance contributions are paid in different countries? Photo: Daria PUTEYKO

BELARUS

How much does the employee pay - 14%

How much does the employer pay - 34%

Every month Belarusians see the same percentages in their accounts: 13% is income tax, 1% is contributions to the Social Protection Fund, which pays us pensions, benefits and sick leave. In fact, the Social Security Fund receives much more money from every working Belarusian; employers simply pay it at their own expense. Every month they transfer to the fund an amount equal to 34% of the salaries of all their employees. In total, almost half of each salary ends up in the state account - 48%.

RUSSIA

43.2% of salary

How much does the employee pay - 13%

How much does the employer pay - 30.2%

Our eastern neighbors have a similar system, also inherited from Soviet times. Every Russian pays 13% of income tax to the country's treasury. And absolutely all insurance contributions fall on the shoulders of the employer: 22% - contributions to the pension fund, 2.9% - to the Social Insurance Fund, 5.1% - to the Mandatory Medical Insurance Fund, 0.2% - compulsory accident insurance. In total, the state, in addition to income tax, receives another 30.2% of the salaries of working Russians.

LITHUANIA

On average 55% of salary

How much does the employee pay - 21%

How much does the employer pay - at least 34%

The income tax rate for our neighbors is also fixed, but slightly higher than ours - 15%. At the same time, the tax does not have to be paid on the entire salary: Lithuanians receive a small part of it in its entirety, without any deductions. In each case, this tax-free portion of the salary is calculated individually and depends on the person’s income and status (for example, it will be higher for people with disabilities).

Insurance premiums in Lithuania are paid by both employees and employers. Each Lithuanian pays 3 or 4% of his salary to the social insurance fund (if a person decides to participate in the supplementary pension program, he transfers a little more to the fund, and after retirement he receives an increased pension), as well as 3% for compulsory health insurance. The employer pays an additional 27.98% to 29.6% of the salaries of its employees to the social insurance fund (depending on the type of organization) and 6% for health insurance. In total, insurance payments in Lithuania are impressive - at least 39.98% of the salary of each resident of the country. And together with the tax - even more than half!

POLAND

On average 57.6% of salary

How much the employee pays - approximately 40.7%

How much does the employer pay - at least 16.9%

In Poland, the income tax rate is not fixed, but progressive: the more you earn, the more you have to pay to the state treasury. The annual income of 3091 zloty ($813) is not taxed. Accordingly, those who earn less than this amount per year do not pay taxes at all. Earnings from 3,091 to 85,528 zlotys (up to $22,507) are taxed at a rate of 18%, and everything over 85,528 zlotys is taxed at a rate of 32%.

Employers and employees divide contributions to the pension fund in half; the total amount is 19.52%. In contributions in case of loss of ability to work, the proportion is different: 6.5% of the salary is transferred by the employer, 1.5% by the employee. In addition, the employer pays accident insurance: from 0.67% to 3.86% depending on the type of enterprise. And the employee must pay out of pocket for health insurance (9%) and health insurance (2.45%).

GERMANY

On average 63.6% of salary

How much does an employee pay - on average 44.3%

How much does the employer pay - minimum 19.3%

Germany has one of the most complex and extensive tax systems in the world. The amount of income tax depends on your salary (the more you earn, the more you pay), and on whether spouses file a return together or separately (in one situation it may be more profitable to pay each for themselves, and in another to add up family income), and on the number of children (the more there are, the lower the tax). In general, rates vary from 14% to 42%.

Insurance premiums in Germany are also quite high. The total amount of pension contributions is equal to 18.9% of salary, unemployment insurance - 3%, health insurance - 14.6% (this is the minimum, a person can pay more if he wants to get a higher level of insurance), 2.05% - contributions for caring for the sick and elderly. Total - 38.55%. The employee and employer divide this amount in half: each pays approximately 19.3%.

GREAT BRITAIN

On average 42.7% of salary

How much does an employee pay - on average 32.3%

How much does the employer pay - at least 10.4%

In Britain, there is such a thing as a standard deduction - that is, an amount of income on which you do not have to pay tax. This year it is 10,600 pounds. All other earnings are taxed at three rates. On annual income up to £31,785 you must pay 20% income tax, from £31,785 to £150,000 - 40%, and on everything above - 45%.

The amount of insurance premiums also depends on income. Percentages range from 2% to 12%. It is curious, but those who earn more, in this case, pay the state precisely less. At the same time, employers also need to pay insurance premiums for their employees - from 10.4% to 13.8%.

On average 27.6% of salary

How much does the employee pay - on average 20%

How much does the employer pay - 7.6%

The average figure looks quite small, but the fact is that due to the multi-stage system it is very difficult to calculate it. Firstly, all residents of the country pay federal tax - from 10% to 39.6%, depending on annual income and who exactly files the return (a person who lives alone, a spouse together, a spouse separately). By the way, the salary framework that you need to fit into in order to pay a certain percentage is revised every year. Secondly, in most states, in addition to the federal tax, you also have to pay state tax. In some places his rate can be fixed, in others it can be progressive - that is, it also depends on the salary. For example, in California the tax averages 13.3% (the highest in the US), in Kansas it is 4.9%, and in Texas there is no tax at all. Accordingly, this rate is added to the federal tax. For example, if a California resident pays 15% in federal taxes, then combined with state taxes, his deductions will average 28.3%. In addition, some cities or regions may have other local taxes.

Of course, in the States there are also insurance premiums for pensions and benefits (4.2% of their salary is given by the employee, another 6.2% by the employer), as well as contributions to the state medical program Medicare (both the employee and the employer pay 1. 45%). Also, like many other countries, the US has a standard deduction ($6,300 per year) and a personal deduction ($4,000 per year) - these are amounts on which you do not need to pay tax at all. They are subtracted from the salary and are not taken into account when calculating taxes.

Photo: Ekaterina MARTINOVICH

Income tax in the Republic of Belarus

Income tax- this, as the name suggests, is a tax that is levied on the income of citizens. One of the main types of taxes. It is usually calculated as a percentage of income. Paid to the budget. The amount and other aspects of calculation and payment of income tax are regulated by state legislation.

In the Republic of Belarus, the main document of tax legislation is the Tax Code.

On January 1, 2015, the Law of the Republic of Belarus No. 224-3 of December 30, 2014 came into force. “On introducing amendments and additions to the Tax Code of the Republic of Belarus.”

Currently the following income tax rates apply in Belarus:

for income received as dividends – 13%;
for income from entrepreneurial, lawyer, notarial activities - 16%;
on the income of individuals and individual entrepreneurs related to the high-tech park - 9%;
for income from the rental of real estate, for individuals (if income does not exceed 5,555 rubles per year) - fixed tax amounts are established, their amount is determined by the regional and Minsk city Councils of Deputies.
for individuals on all other income – 13%.

The amounts of income from each source are added up to the taxable base, which, in turn, becomes the starting point for the calculation and source of payment of income tax. The basic information determining the procedure for its calculation and payment is contained in Chapter 16 of the Special Part of the Tax Code of the Republic of Belarus.

Most income tax payers are employees of enterprises, therefore they do not calculate and pay taxes themselves, but entrust this to accountants who calculate salaries. As a rule, various types of entrepreneurs and a number of individuals who received income from several sources file their own income declaration.

In practice, the main difficulty in calculating the amount of income tax is the correct application of the system of tax deductions from the tax base.

So the following are subject to deduction:

the cost of vouchers for the health of children in the amount of 705 rubles per child under eighteen years of age, purchased from the funds of Belarusian organizations or individual entrepreneurs - Article 163, clause 1, clause 1.10;
income received from individuals, in the amount from all sources no more than 5,555 rubles - Article 163, clause 1, clause 1.18;
income that is not wages, incl. gifts, prizes, financial assistance received at the place of main work, no more than 1,678 rubles, the same from other organizations in the amount of no more than 111 rubles, from each source, respectively - Article 163, clause 1, clause 1.19;
assistance received by disabled people and orphans in the amount of no more than 11,102 rubles from all sources during a calendar year - Article 163, clause 1, clause 1.21;

Article 164 of the Code defines standard tax deductions, to which any payer has the right:

Article 164, clause 1, clause 1.1 - in case of receiving taxable income less than 563 rubles per month, the amount of the tax deduction will be 93 rubles;
Article 164, clause 1, clause 1.2 - 27 rubles for each child under 18 years of age or dependent, regardless of the amount of income;
Article 164, clause 1, clause 1.2 - the above deduction for a child or dependent provided to a widow (widower), guardian, trustee, adoptive parent is 52 rubles;
Article 164, clause 1, clause 1.2 - the same deduction for parents with two or more children or disabled children will also be 52 rubles;

According to Article 164, clause 1, clause 1.3, the following have the right to a deduction in the amount of 131 rubles:

liquidators and other persons affected by the Chernobyl disaster;
Heroes of the Soviet Union, Heroes of Socialist Labor, Heroes of Belarus, Full Knights of the Orders of Glory, Labor Glory, Fatherland;
WWII participants;
persons who have benefits according to the Law “On Veterans” of April 17, 1992;
disabled people of the first and second groups, disabled people since childhood, disabled children.

According to paragraph 1.2, paragraph 1 of Article 165 of this Code, amounts of insurance premiums up to 2,874 rubles under life insurance contracts, additional pensions and medical expenses concluded with Belarusian insurance organizations are subject to tax deduction.

Expenses for the purchase of housing on lease are also deductible - Article 166, clause 1, clause 1.1.

In Belarus, approximately 10% of the budget is generated from income tax.

Important legislative changes 2018

Special section "Important changes in legislation"

This section was created for those who want to know about changes in legislation in the future and prepare for them in a timely manner.
The section will contain all materials on legislative changes in 2018
The section is updated regularly. Fresh materials are highlighted with a yellow marker.
Materials on the topic that were published in 2017 can be found in the archive

Subscribe to free weekly updates in the “Important Legislative Changes” section and stay up to date with all the changes!

What to expect in July 2018:

Legislative changes in July 2018/ News /

Key legislative changes come into force in July. Some amendments will simplify your work, others, on the contrary, will complicate it. We have collected the most important changes in the table.

Related news:

Tax consulting 2018: what are the innovations (end)/ “Chief Accountant” No. 24-2018 /

A new type of business activity is taking its first steps on the market of the Republic of Belarus - tax consulting. The legal basis for this area of activity is regulated by Decree of the President of the Republic of Belarus dated September 19, 2017 No. 338 “On tax consulting” (hereinafter referred to as Decree No. 338), which gave impetus to the formation of a civilized tax consulting market. This will allow taxpayers to have access to quality services. The law enforcement practice of Decree No. 338 raises many questions, therefore, at the request of the magazine’s readers, the editors turned to the Ministry of Taxes of the Republic of Belarus for clarification. We continue to introduce you to the answers to the questions that we asked Natalya Albertovna Ronchko, Deputy Head of the Tax Control Methodology Department of the Main Directorate for Organization of Control Activities of the Ministry of Taxes of the Republic of Belarus. Ending. For the beginning, see “GB”, 2018, No. 23, p. 15.

Tax consulting 2018: what are the innovations (beginning)

From December 24, 2017, by Decree of the President of the Republic of Belarus dated September 19, 2017 No. 338 “On tax consulting” (hereinafter referred to as Decree No. 338), a new type of business activity was introduced in the Republic of Belarus - tax consulting. Its peculiarity is to increase the qualification requirements and personal professional liability of tax consultants, which is subject to compulsory insurance. The study of Decree No. 338 and responsibility for the correct calculation of taxes, reducing the likelihood of committing tax offenses, minimizing losses associated with the payment of penalties and fines for tax violations raised numerous questions among readers of the magazine. In order to provide methodological assistance to business entities, the editors of the journal “Chief Accountant” summarized the questions received and turned to the Ministry of Taxes of the Republic of Belarus for clarification. We propose to study the answers to the questions that we asked Natalya Albertovna Ronchko, Deputy Head of the Tax Control Methodology Department of the Main Directorate for Organization of Control Activities of the Ministry of Taxes of the Republic of Belarus.

From July 7, 2018, cash can be accepted using a software cash register/ “Chief Accountant” No. 23-2018 /

Commentary on the Resolution of the Ministry of Taxes and Duties of the Republic of Belarus dated April 24, 2018 No. 15 “On introducing amendments and additions to the Resolution of the Ministry of Taxes and Duties of the Republic of Belarus dated September 2, 2011 No. 43”

Important changes in the field of inspections from January 1, 2018/ “Chief Accountant” No. 14-2018 /

On March 2, 2018, the 2nd practical expert conference “Glavbukh-2018” took place. As part of its implementation, the “Checks” section worked. The most important question that has aroused particular interest is: how to protect your rights if the inspection is carried out in violation of the law? The answer is simple: first of all, you need to know well the documents that regulate verification activities. Let’s start with this – let’s look at the innovations of Decree No. 510*, which have been in effect since January 1, 2018.
Read more.

The first seven tax consultants have been certified in Belarus/ News /

The first qualifying exam of applicants for obtaining a qualification certificate of a tax consultant was held in Minsk on April 9–10. A third of applicants successfully completed the test.
Read more.

Do you have questions about marking with control marks?/ News /

Decree No. 243 establishes a ban on the acquisition, transportation, storage, use and sale on the territory of the Republic of Belarus of goods subject to marking with control (identification) marks, without control (identification) marks, and also lists cases to which this ban does not apply.
Read more.

Prices for strong alcohol in public catering: MART implements the norms of Decree No. 7/ News /

Restaurants, bars and cafes have the right to increase the markup on strong Belarusian alcohol. As part of the implementation of the norms of Decree of the President of the Republic of Belarus dated November 23, 2017 No. 7 “On the Development of Entrepreneurship,” MART abolished the limit on the maximum maximum markup of 60 percent, taking into account the markup for public catering, the trade markup (including the wholesale markup) for alcoholic drinks with an alcohol content over 28 percent produced and sold in public catering facilities in Belarus.
Read more.

The Ministry of Information expects to improve interaction with social network owners thanks to the new media law/ News /

Among the innovations under discussion in the bill is the introduction of identification of users of Internet resources. According to the TV channel, it is proposed to provide the opportunity to undergo authorization via SMS. The mechanism has not yet been approved - the development remains with the Council of Ministers. As reported, the bill provides for a number of important innovations that will help increase the level of protection from the negative influence of the Internet.
Read more.

New rules for issuing and repaying loans have been adopted in Belarus/ News /

Banks and non-profit financial institutions will change approaches to lending and will be able to offer clients more attractive loan products. From April 7, 2018, most of the provisions of the Resolution of the Board of the National Bank of the Republic of Belarus dated March 29, 2018 No. 149 “On approval of the Instructions on the procedure for providing funds in the form of a loan and their return (repayment)” will come into force. From May 1 of this year, banks will introduce a new calculation of loan security indicators and debt burden.
Read more.

Document forms with a certain degree of protection/ News /

The state register of forms of securities and documents with a certain degree of protection as of April 1, 2018 was published on the Internet portal of the Ministry of Finance of Belarus. The State Register includes printed products with elements (means) of protection against counterfeiting and (or) numbering (identification number) applied during its manufacture. Forms and documents with a certain degree of protection registered in the State Register are recorded and stored as strict reporting forms.
Read more.

Administrative liability will be introduced for gross violations by controllers/ News /

It is planned to establish a new structure of administrative offense in the Code of the Republic of Belarus on Administrative Offences. Administrative liability will be provided for gross violations of the requirements for the procedure for organizing and conducting inspections by an official of the control (supervisory) body.
Read more.

Logbooks for registering cash register equipment controls - without stamps/ News /

Manufacturers, importers of cash register equipment and technical service centers will not seal logs of manufactured, issued, received and used control equipment. In this case, the magazines must be laced and numbered.
Read more.

Today Decree No. 8 on the development of the digital economy came into force in Belarus/ News /

Decree of the President of the Republic of Belarus dated December 21, 2017 No. 8 “On the development of the digital economy” is aimed at the further development of the High Technology Park, the innovation sphere and the construction of a modern digital economy in the country. This is noted by the press service of the Council of Ministers in the commentary to Decree No. 8. The document came into force on March 28, 2018.
Read more.

The Ministry of Taxes and Taxes explained what benefits businesses can expect after adjusting the Tax Code/ News /

Deputy Minister of Taxes and Duties Ella Selitskaya, during a meeting of the Entrepreneurship Development Council, told what kind of relaxations await business after adjusting the Tax Code.
Read more.

Labor report form 12 has been supplemented with a line/ News /

In the statistical report 12 “Labor Report”, in a separate line of Table 5 of Section III, the number of workers hired for high-performance jobs should be indicated. The corresponding resolution of the National Statistical Committee of the Republic of Belarus dated February 23, 2018 No. 13 “On introducing amendments to the resolution of the National Statistical Committee of the Republic of Belarus dated August 19, 2013 No. 163” comes into force on April 2, 2018.
Read more.

Tax administration is planned to be simplified in Belarus/ News /

There are plans to simplify tax administration in Belarus. This proposal is being considered when working on a comprehensive amendment to the Tax Code, Chairman of the Entrepreneurship Development Council Alexander Turchin told reporters on March 16, BelTA reports.
Read more.

The debt of enterprises for energy resources was fixed at the National Bank exchange rate as of January 1, 2016/ News /

On March 16, the President of Belarus signed Decree No. 110 on payments for energy resources. Amendments were made to Decree No. 670 of December 22, 2010 “On certain issues of payment for natural gas, electric and thermal energy,” the press service of the Head of State reports.
Read more.

What qualifications should the chief accountant of an investment fund have?/ News /

The Ministry of Finance of Belarus has established qualification requirements for chief accountants of investment funds, management organizations and specialized depositories. Similar requirements must be met by the heads of organizations or individual entrepreneurs - outsourcers providing accounting services to investment funds, management organizations and depositories.
Read more.

The contract does not require a seal. The employer's signature is sufficient/ News /

Props "M.P." excluded from the sample forms of employment contract and contract with the head of a government organization. The employer's signature on these documents is not certified by a seal. The corresponding resolution of the Ministry of Labor and Social Protection of the Republic of Belarus dated February 28, 2018 No. 21 comes into force on March 17, 2018.
Read more.

Single tax rates in Minsk are proposed to be increased by 7.4%/ News /

As noted in the justification certificate of the Tax Inspectorate for Minsk, decree No. 29 of January 25, 2018 “On Taxation” established the base rates of the single tax for individual entrepreneurs and other individuals. They have been increased by 7.4%, due to which some positions of the current rates in the city do not correspond to the limits of the basic rates of this tax established for 2018.
Read more.

The Ministry of Natural Resources has approved criteria for assessing the degree of risk when conducting random inspections/ News /

The Ministry of Natural Resources approved these criteria on the basis of paragraph 14 of Decree No. 376 of October 16, 2017 “On measures to improve control activities”, guided by the methodology for developing a risk assessment system approved by Resolution of the Council of Ministers No. 43 of January 22, 2018.
Read more.

Ministry of Transport - on licensing activities in the field of motor transport/ News /

The Ministry of Transport of Belarus clarified issues related to licensing activities in the field of road transport. This topic is now relevant, since the notification procedure for starting certain types of economic activities is already in effect, and changes to the Regulations on licensing certain types of activities have not yet been made.
Read more.

The Ministry of Finance is waiting for proposals to change the norms of the Tax Code/ News /

The Ministry of Finance of Belarus requests that you send it to the email address of the Main Directorate of Tax Policy and Budget Revenues [email protected] proposals to change the norms of the Tax Code.
Read more.

Letter of the Ministry of Taxation of the Republic of Belarus dated December 13, 2017 No. 2-3-15/02298 “On the transition to a simplified taxation system”/ “Chief Accountant” / No. 47-2017 dated 12/18/2017

The Ministry of Taxes and Duties of the Republic of Belarus in connection with the adoption of Decree of the President of the Republic of Belarus dated November 23, 2017 No. 7 “On the development of entrepreneurship” (hereinafter referred to as Decree No. 7) informs about the following.
Read more.

The Ministry of Taxes and Taxes of Belarus reminds online stores: a notice of transition to the simplified tax system containing information for the first nine months of 2017 can be submitted to the tax authority no later than January 3, 2018. This is one of the four mandatory conditions for applying the simplified tax system from January 1, 2018.
Read more.

Online stores will be able to apply a simplified taxation system from January 1/ News / 11/27/2017

Online stores will be able to apply a simplified taxation system from January 1, 2018. This is provided for by Decree No. 7 “On the Development of Entrepreneurship,” BELTA reports.
Read more.

We apply the simplified tax system: do not miss changes in filling out the book of income and expenses/ “Chief Accountant” / No. 44-2017 dated November 27, 2017

The form and procedure for filling out the book of accounting for income and expenses of organizations and individual entrepreneurs using the simplified tax system (hereinafter referred to as the book of accounting for income and expenses) was approved by Resolution of the Ministry of Taxation, the Ministry of Finance, the Ministry of Labor and Social Protection and the Ministry of Statistics of the Republic of Belarus dated April 19, 2007 No. 55/60/ 59/38 (hereinafter referred to as resolution No. 55/60/59/38).
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Simplified tax system: filling out the book of income and expenses according to the new rules/ News / 11/16/2017

New requirements are introduced by the resolution of the Ministry of Taxes and Duties, the Ministry of Finance, the Ministry of Labor and Social Protection, the National Statistical Committee of the Republic of Belarus dated October 27, 2017 No. 21/37/62/131 “On introducing amendments and additions to the resolution of the Ministry of Taxes and collections of the Republic of Belarus, the Ministry of Finance of the Republic of Belarus, the Ministry of Labor and Social Protection of the Republic of Belarus and the Ministry of Statistics and Analysis of the Republic of Belarus dated April 19, 2007 No. 55/60/59/38.”
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Simplified tax system: we fill out the book of income and expenses according to the new rules (Commentary to the resolution of the Ministry of Taxation, the Ministry of Finance, the Ministry of Labor and Social Protection of the Republic of Belarus and Belstat dated October 27, 2017 No. 21/37/62/131) / “Chief Accountant” / No. 43-2017 dated 11/20/2017

Since November 17, 2017, adjustments have been made to the form of the book of income and expenses of organizations and individual entrepreneurs using the simplified tax system, and the rules for filling it out. The changes concern the indication of information about ESHF and state benefits for families raising children.
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USN-2018: revenue limits will be increased

The Tax Code plans to increase revenue limits for the application of the simplified taxation system (hereinafter referred to as the simplified taxation system), incl. without paying VAT, and keeping records in the book of income and expenses. However, the criteria for the number of employees will not change.
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Income tax

From March 28, the procedure for filling out the income tax return changes (Commentary to the resolution of the Ministry of Taxes of the Republic of Belarus dated 02/21/2018 No. 6) / “Chief Accountant” / No. 11-2018 dated 03/19/2018

Resolution of the Ministry of Taxes of the Republic of Belarus dated February 21, 2018 No. 6 (hereinafter referred to as Resolution No. 6) makes changes to the form of the tax return (calculation) for income tax of a foreign organization that does not operate in the Republic of Belarus through a permanent representative office (hereinafter referred to as the income tax return ). These innovations clarify the procedure for fixing benefits provided to foreign organizations - residents of the Hi-Tech Park and the Chinese-Belarusian Industrial Park "Great Stone" and come into force on March 28, 2018.
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/ “Chief Accountant” / No. 35-2017 dated September 18, 2017

In 2018, it is planned to reduce the number of objects subject to income tax of foreign organizations that do not operate in the Republic of Belarus through a permanent representative office (hereinafter referred to as non-residents).
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Income Tax 2018: New in Standard Deductions/ “Chief Accountant” / No. 34-2017 dated 09.11.2017

Tax on income of foreign organizations: what is proposed to change in 2018/ “Chief Accountant” / No. 34-2017 dated 09.11.2017

Currently, a draft of amendments and additions to the Tax Code of the Republic of Belarus (hereinafter referred to as the Tax Code) has been prepared, which will come into force in 2018. The lawmaking process is still ongoing. Nevertheless, accountants are probably interested in what is expected to change in the calculation of income tax for foreign organizations that do not operate in the Republic of Belarus through a permanent establishment (hereinafter referred to as income tax).
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Podhodny 2018: information on income will be presented 4 times a year/ News / 08/17/2017

Tax agents will be required to submit quarterly information on the income of individuals to the tax authority. The corresponding norm is provided for in the draft Law “On introducing additions and changes to certain laws of the Republic of Belarus on taxation and accounting issues” as of July 31, 2017
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Income 2018: reducing the tax base with social deductions/ News / 08/16/2017

In 2018, Belarus plans to increase the maximum amount of insurance contributions that can be deducted from the income tax base by 10.7 percent compared to 2017.
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Non-resident income tax can reduce resident income tax/ News / 08/14/2017

In 2018, expenses taken into account for taxation will include the amount of tax paid on the income of foreign organizations that do not operate in Belarus through a permanent establishment.
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Tax on income of non-residents-2018/ News / 08/14/2017

In 2018, it is proposed to reduce the number of objects for income tax of foreign organizations that do not operate in the Republic of Belarus through a permanent representative office.
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Income tax 2018: the list of non-taxable income is expanding/ News / 08.08.2017

In 2018, there are no plans to impose personal income tax on transferred income.
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Income tax

Income tax benefit for physical education and sports organizations: the Ministry of Taxes and Taxes of Belarus explains the details/ News / 03/28/2018

From January 1, 2018 to December 31, 2021, profits from income-generating activities, including rental of property, received by physical education and sports organizations in the form of institutions, including specialized educational and sports institutions, are exempt from income tax.
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In Belarus, physical education and sports institutions will not pay income tax/ News / 12/13/2017

Profits from income-generating activities received by budget-financed physical culture and sports organizations are exempt from income tax. The corresponding Decree No. 443 was signed by President of Belarus Alexander Lukashenko on December 12, reports the press service of the Head of State.
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Income tax will be under special control in 2018/ News / 11/24/2017

Tax authorities are ready to control the price of transactions by analyzing the information that the payer is required to provide. This information should convince tax authorities that the transaction price is economically justified and corresponds to market prices.
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Three situations regarding income tax: current regulations and planned changes for 2018/ “Chief Accountant” / No. 33-2017 dated 09/11/2017

The author considers 3 situations regarding income tax. Moreover, for two of them, changes are planned in the Tax Code of the Republic of Belarus (hereinafter referred to as the Tax Code). Do they suit the payer? Do they make his work easier? Will it be possible to increase the costs taken into account when calculating income tax? Study the proposed material.
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Income tax: what could change in 2018?/ “Chief Accountant” / No. 32-2017 dated 08/21/2017

The draft Law of the Republic of Belarus “On introducing additions and changes to the Tax Code of the Republic of Belarus” (hereinafter referred to as the draft) proposes to amend the legislation for 2018, incl. on income tax. Let's consider these innovations.
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Income tax 2018 and economically unjustified expenses/ News / 08/17/2017

The criterion for classifying expenses as economically unjustified expenses is planned to be abolished in relation to participants in holdings, as well as when performing work or providing services outside the location of the payer.
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Commentary on the Resolution of the Ministry of Taxes and Duties of the Republic of Belarus dated January 24, 2018 No. 1 “On introducing amendments and additions to the Resolution of the Ministry of Taxes and Duties of the Republic of Belarus dated April 25, 2016 No. 15” / GB No. 12-2018 dated March 26 .2018

According to paragraph 2 of Resolution No. 1, its provisions come into force on the 1st day of the month following the month of its official publication, i.e. from March 1, 2018. The adopted provisions specify and simplify the procedure for creating (including filling out), issuing (directing), receiving, signing the ESSF, and make it easier for payers to perceive the provisions of the resolution.
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How to justify VAT exemption for imported unregistered medicines?/ News / 03/28/2018

Joint letter of the Ministry of Taxes and Duties of the Republic of Belarus and the Ministry of Health of the Republic of Belarus dated March 22, 2018 No. 2-1-9/00537 / 5-2-8/3762 “On the application of VAT exemption on the sale of unregistered medicines” was published on the Internet MNS portal.
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The VAT benefit can be applied by the developer when constructing housing./ News / 11/21/2017

Developers, when constructing housing using their own resources, have the right to apply a VAT exemption. This follows from the letter of the Ministry of Taxes and Duties of the Republic of Belarus dated November 14, 2017 No. 2-1-10/Mo-01922/1 “On the VAT taxation of developers under shared construction agreements.”
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Electronic services provided to individuals: features of VAT payment (Commentary on certain provisions of the Tax Code and resolution of the Ministry of Taxes of the Republic of Belarus dated April 10, 2017 No. 6) / “Chief Accountant” / No. 43 dated November 20, 2017

From January 1, 2018, foreign organizations providing electronic services to individuals whose place of sale is recognized as the Republic of Belarus must calculate and pay VAT to the budget of the Republic of Belarus and submit a VAT return to the Belarusian tax authority.
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Tax officials are preparing a portal for paying VAT on electronic services of foreign organizations/ “Chief Accountant” / No. 42 dated 11/13/2017

The Ministry of Taxation of the Republic of Belarus held a practical seminar on November 2, 2017 on the topic “VAT on electronic services of foreign organizations from January 1, 2018.” We invite readers to familiarize themselves with the information that was presented.
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Joint letter of the Ministry of Taxation dated October 26, 2017 No. 2-1-9/01982 and the Ministry of Construction and Architecture of the Republic of Belarus dated October 27, 2017 No. 02-1-03/13871 “On VAT taxation of well construction work” / “Chief Accountant” / No. 42 dated 13.11 .2017

Decree of the President of the Republic of Belarus dated March 26, 2007 No. 138 “On some issues of value added tax” (hereinafter referred to as Decree No. 138) established that the turnover for the implementation of construction and repair work on housing facilities in the territory of the Republic of Belarus (according to Appendix 1 to Decree No. 138, hereinafter referred to as the List) are exempt from value added tax.
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VAT 2018: large tax base – frequent reporting/ News / 08/07/2017

Payers whose cumulative total VAT tax base since the beginning of the last tax period exceeds 1,550,000 rubles will be left with no choice in 2018. They will be required, like payers selling telecommunication services, to submit monthly VAT returns (calculations).
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VAT: what to expect in 2018/ “Chief Accountant” / No. 29-2017 dated July 31, 2017

Let's consider what innovations are provided in terms of VAT calculation.
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Possible amendments to the legislation on the creation of the ESFF in 2018/ “Chief Accountant” / No. 31-2017 dated 08/14/2017

Government agencies have prepared a draft of amendments and additions to the Tax Code of the Republic of Belarus (hereinafter referred to as the Tax Code) for 2018. Let us analyze what amendments are proposed to be made regarding the creation and issuance of ESCF.
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Accounting 2018

Can an organization independently develop a form for a cash receipt order? (Commentary to the resolution of the Ministry of Finance of the Republic of Belarus dated September 26, 2017 No. 30) / GB No. 12-2018 dated March 26, 2018

Currently, cash receipt orders are not document forms with a certain degree of protection. What does this mean for organizations? Can they independently develop forms of cash receipt orders and consolidate them in accounting policies? The author of the commentary answers these questions.
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Resolution of the Council of Ministers of the Republic of Belarus dated February 22, 2018 No. 143 “On the notification procedure for the start of certain types of economic activities” / GB No. 12-2018 dated March 26, 2018

On the notification procedure for the commencement of certain types of economic activities.
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Consequences of denomination for JSC: The Ministry of Finance will determine the rules for accounting for differences when rounding/ News

The Ministry of Finance of Belarus will determine the procedure for accounting for differences when joint-stock companies implement activities caused by denomination. The corresponding amendments are planned to be made in the near future to the Ministry of Finance Resolution No. 32 dated May 6, 2016 “On some issues related to the denomination of the official monetary unit of the Republic of Belarus” (hereinafter referred to as Resolution No. 32).
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Exchange differences in tax and accounting in 2018/ News

Writing off exchange rate differences on the financial results of many organizations can significantly affect the formation of profit or loss at the end of the year. We invite you to familiarize yourself with a selection of current materials on the topic.
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Accounting for tokens is enshrined in the National Accounting and Reporting Standard/ News

The primary accounting document confirming the completion of a business transaction using tokens can be drawn up solely by the participants in this transaction based on the corresponding entries in the register of transaction blocks (blockchain), another distributed information system and (or) data on transactions (operations) made in the operator system cryptoplatforms or with these operators, as well as other sources of information.
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In which account in 2018 should the lessee reflect exchange rate differences on the contract value of the leased asset?

/ “Chief Accountant” / No. 11-2018 dated 03/19/2018
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From January 1, 2018, clause 7 of National Standard No. 69* provides that, as a general rule, exchange rate differences are reflected in the credit (debit) of account 91 “Other income and expenses”, unless otherwise established by law (italics added from January 1, 2018 G.). Currency transactions in 2018: innovations and procedures

/ “Chief Accountant” / No. 11-2018 dated 03/19/2018
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Carrying out currency transactions includes a set of actions by residents and non-residents performed with currency values associated with the transfer of ownership or other rights to them or their physical movement. The “Direct Line”, held in the editorial office of the “Chief Accountant” magazine, was devoted to this topic. The guest of this event was Denis Zaharovich Safarevich, chief legal adviser of the department of legal support for international business of the legal department of OJSC Bank BelVEB. We are completing the publication of answers to questions asked by our readers.

What's new in non-cash payments? (Commentary to the Resolution of the Board of the National Bank of the Republic of Belarus dated January 29, 2018 No. 35 “On Amendments and Additions to the Instructions on Bank Transfers”*) / “Chief Accountant” / No. 11-2018 dated March 19, 2018
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Amendments and additions have been made to the Instructions on bank transfers, approved by Resolution of the Board of the National Bank of the Republic of Belarus dated March 29, 2001 No. 66 (hereinafter referred to as Instruction No. 66). Some changes are due to the norms of Decree of the President of the Republic of Belarus dated November 23, 2017 No. 7 “On the Development of Entrepreneurship,” which enshrines the right of business entities to work without a seal. In addition, the changes affected other aspects of the design and changes in payment instructions and the terminology used. Of greatest interest is the introduction of the possibility of direct debiting the payer's account. The President of Belarus demands a serious revision of legal acts on accounting

President of Belarus Alexander Lukashenko considers it necessary to seriously revise regulatory legal acts relating to accounting. “Accounting remained Soviet, and then the devil will break his leg. A higher education is not enough to keep accounting records,” BelTA quotes the President’s speech at a meeting with representatives of business circles.
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Cash transactions and cash payments in Belarus - according to the new Instructions/ News / 12/13/2017

The National Bank has developed a draft Instruction on the procedure for conducting cash transactions and the procedure for cash settlements on the territory of the Republic of Belarus. The project can be viewed on the regulator’s Internet portal.
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Organizations are allowed not to charge depreciation in 2018 and subsequent years (Commentary to the Resolution of the Council of Ministers of the Republic of Belarus dated October 30, 2017 No. 802) / “Chief Accountant” / No. 43-2017 dated November 20, 2017

In 2017, additions and changes to the Tax Code came into force. Alexander Zhuk, director of the law firm SPRAV Consulting, told us what tax rates exist for the general taxation system in Belarus and what has changed since January.

— Let’s consider the main taxes that legal entities registered in Belarus pay under the general taxation system, and what changes have affected some of them since 2017.

Director of the law firm "SPRAV Consulting"

Value added tax

The VAT rate is 20% of the turnover on the sale of goods, works or services.

Amendments to the Tax Code and No. 99 “On the collection of value added tax” have come into force. The deadlines for accepting import VAT for deduction have been reduced. The period for accepting deduction (refund) of VAT amounts for goods imported by Belarusian importers into the territory of Belarus from outside the EAEU is extended to 2017. But according to the new rules, the deduction of “import” VAT will be carried out with a delay of 60 days, in 2016 this norm was 90 days
For VAT calculations and application of tax deductions, only electronic invoices are used - ESHF. The general deadline for issuing/uploading electronic invoices to the portal created for working with ESChF has been changed. The deadline has been shifted from the 5th to the 10th of the month following the month of the day of shipment of taxable items (goods and services)

Income tax

The rate of this tax is 18% of taxable profit. The tax base for calculating income tax is gross profit, dividends and income.

The following profits are exempt from this tax:

From the production of means of rehabilitation and services for the disabled
From the production and sale of crop products, livestock, fish farming, beekeeping, baby food
From tourism, hotel, physical culture and health business at facilities included in the approved list, for three years from the date of opening of these facilities
Enterprises with at least 50% disabled employees (except for trading and intermediary activities)
Insurance organizations, aimed at increasing savings in the personal accounts of insured persons under voluntary life insurance contracts
Received at roadside service facilities within 5 years from the date of their opening
From the production and sale of passenger cars and their components for 3 years in the manner established by the Ministry of Industry
From the production and sale of innovative goods according to the list of the Council of Ministers
From the production and sale of high-tech goods according to the list of the Council of Ministers, if the share of proceeds from the sale of such goods is more than half of the total revenue, etc.

The income tax rate may be reduced:

For manufacturers of high-tech goods, works and services included in the approved list, the income tax in this case will be 12%. At the same time, the difference of 6% should be used for technical re-equipment of companies
Income tax on dividends for legal entities is 12%
For manufacturers of laser-optical equipment (if the share of these products is at least half the cost of production volume), the income tax rate will be 10%
For members of the scientific and technological association at BSU, in terms of revenue from the sale of information technologies and services for their development, a profit tax of 5% is established.

Amendments to the Tax Code, effective from January 1, 2017, established that when calculating income tax, only economically justified expenses will be taken into account (clause 2, Article 130 of the Tax Code-2017).

The deadline for submitting a tax return is no later than the 20th day of the month following the expired reporting period, and the deadline for paying taxes is no later than the 22nd day of the month following the reporting period.

Property tax

The rate of this tax is 1% of the residual value of fixed assets.

Since 2017, a tax benefit has been introduced for capital mothballed buildings that are included in the List of unused (inefficiently used) buildings. Previously they were not exempt from paying tax.

For legal entities, the tax base is calculated annually based on the residual value as of January 1 of the reporting year. The procedure for paying real estate taxes is quarterly, no later than the 22nd day of the first month of the quarter following the reporting one.

Land tax

All legal entities that own land plots on the territory of Belarus pay this tax, and foreign and joint ventures pay it, just like Belarusian companies - without benefits in this area.

The land tax rate (or land rent) is calculated based on the cadastral value of the land plot, and for agricultural land - on the cadastral valuation score. Land tax rates for legal entities also depend on the area and territorial location of the land plot, the presence of increasing coefficients, etc.

Moreover, from 2017, for calculating land tax, the cadastral value of a land plot will be established only in Belarusian rubles.

Organizations that use the simplified taxation system must pay tax on all land plots - previously no tax was levied on plots of less than 0.5 hectares.

The cadastral value of the land plot and its target category have a significant impact on the amount of land tax. Thus, plots with different purposes have different tax rates when calculating land tax. Increased coefficients are applied, as a rule, to commercial organizations and organizations whose activities may negatively impact the environment.

Local authorities can increase the amount of land tax on plots with real estate that is not used for its intended purpose up to 10 times.

Article 193 of the Tax Code provides a complete list of those categories of land whose owners are exempt from paying land tax in full. Benefits from this tax do not apply to plots that are used for business or farming. At the same time, local authorities can provide benefits to individual payers depending on their financial status.

If the plot is in use or shared ownership of several persons, then the plot tax is charged to each payer in proportion to the area of the real estate in use or the share in the joint property.

Since 2017, new rules have come into force that relate to rent for land plots owned by the state - the increasing factor has been increased from 2 to 2.5 times.

Payment of land tax is made every quarter in equal installments. The payment deadline is no later than the 22nd day of the second month of the quarter, and for agricultural land no later than April 15, July 15, September 15, November 15 (in the amount of one quarter of the annual amount). If the tax amount is overpaid by mistake, the difference will be refunded.

Mandatory payments from the wage fund

Income tax rate is 13%. There are a number of benefits for applying the income tax rate of 9%, which apply to individual entrepreneurs - residents of the Hi-Tech Park. The amount of income tax is withheld from the employee's salary.

Deductions in Belgosstrakh(accident insurance) constitute less than 1% of the wage fund (on average - 0.6%). The amount of deductions is set depending on the type of activity of the organization.

Payments to the Social Protection Fund(insurance and pension contributions) amount to 35% of the wage fund:

1% of wages is withheld from the employee
34% - paid by the employer

The payroll fund refers to the amount of wages accrued to employees of an organization for a calendar month.

Taxation of LLCs in Belarus within the framework of preferential regimes is disclosed in the following publications of this website:

Tax systems.

LLC taxation can be divided into 3 systems; to conduct business activities, you can choose one of the following systems:

Simplified taxation system (STS) with a rate of 5% of revenue without value added tax (VAT).
Simplified tax system (STS) with a rate of 3% of revenue with value added tax (VAT) with a general rate of 20%.
General taxation system with a rate of 18% income tax and a general rate of 20% value added tax (VAT).

Features of the simplified taxation system.

It is worth noting that The simplified tax system cannot be applied for certain types of activities:

insurance activities;
real estate activities;
production of excisable goods;
lottery activities;
banking activities;
marketing services;
gambling activities, etc.

The simplified tax system also assumes availability of limits on annual gross revenue and number of employees. As of September 30, 2019, the revenue limit is 1,337,415 Belarusian rubles(about 550,000 Euro). Employee limit – 50 hired persons.

The income of an individual entrepreneur should not exceed 420,000 Belarusian rubles.

However, in most cases, the main tax burden consists of taxes paid depending on the chosen taxation system. Therefore, her choice must be taken responsibly. To switch to the simplified tax system after opening an LLC, 20 working days are given to submit the appropriate notification to the tax authority at the place of registration. Otherwise, the general tax system will be applied by default and it will be possible to switch to the simplified tax system only from the next calendar year. You can switch from the simplified tax system to the general system at any time, but from the next tax period.

Taxes regardless of the taxation system.

Regardless of the chosen taxation system, the following taxes and mandatory payments are paid:

When paying dividends participants are subject to income tax at a rate of 13%;
Employee payroll taxes:

Income tax at a rate of 13% at the expense of the employee;
Contribution to the Pension Fund at a rate of 1% at the expense of the employee;
social insurance payments (FSZN) at a rate of 34% at the expense of the LLC;
compulsory accident insurance (Belgosstrakh) at a rate of 0.6% at the expense of the LLC.

In addition to these taxes, depending on the type of activity of the LLC, the following may be paid:

environmental tax;
excise taxes;
offshore tax;
property tax;
land tax;
other taxes.

How to choose the right tax system?

It is impossible to give universal advice on choosing a taxation system from the point of view of economic feasibility. Thus, in relation to the simplified tax system, there are restrictions on revenue and the number of employees, so if you are going to open a large production with multi-million dollar turnover, then the simplified tax system will not suit you. But since most LLCs are opened in the field of small and medium-sized businesses, currently more The ratio of costs and revenues becomes important.

In such areas as construction, production, trade, often most of the proceeds are spent in the process of activity, and do not end up in the pockets of the founders. At the same time, in the service sector, costs are often limited to renting premises and employee salaries.

An undeniable advantage of the simplified tax system is the ease of accounting and tax accounting..

An undeniable advantage of the simplified tax system is the ease of accounting. Thus, when conducting an audit of an organization with a general taxation system, loss or completely illiterate accounting will entail financial losses up to and including bankruptcy of the LLC. With the simplified tax system, especially the simplified tax system without VAT, the lack of accounting may lead to penalties, but the amount of losses will not be comparable.

24.02.2020

The essence income tax consists of paying the state a predetermined share of the income received. Income tax is usually calculated as a percentage, but fixed amounts can also be assigned.

Income tax in the Republic of Belarus is not assessed on the income of organizations, therefore it would be correct to call it income tax on individuals.

It is advisable for all citizens to understand the nuances of calculating and paying income tax, because incorrectly collected tax directly affects their disposable income.

Income tax rates in Belarus

Different countries use a progressive (Germany, France, USA, China, etc.) or a flat income tax scale (Russia, Latvia, Lithuania, Georgia, etc.). Under a progressive system, the poor sometimes pay no or very little tax, and the income tax bill for the rich can be more than half their income. A flat income tax scale means the same percentage of deductions for everyone.

In the Republic of Belarus, different income tax rates apply, but they do not depend on the amount of income, but on its source and other circumstances.

According to the website of the Ministry of Taxes and Duties in the Republic of Belarus, the following income tax rates have been in effect since the beginning of 2020:

16% of income tax is charged on income from the main activities of individual entrepreneurs, lawyers and notaries, based on subclause 3.1 of clause 3 of Article 214 of the Tax Code of the Republic of Belarus;
16% is charged on the excess of expenses over income - pp. 3.2, paragraph 3 of Art. 214 Tax Code of the Republic of Belarus;
16% is paid by individuals on income from illegal business activities - paragraphs. 3.2, paragraph 3 of Art. 214 Tax Code of the Republic of Belarus;
13% - the basic rate on all income of individuals (including employees), except for those listed above and below - clause 1 of Art. 214 Tax Code of the Republic of Belarus;
A special case is an individual income tax of 9% for individuals working in the Hi-Tech Park, incl. entrepreneurs. This rate is justified not by the Tax Code, but by Presidential Decree No. 12 “On the High Technology Park.”
6% is charged on dividends if there has been no distribution of profits among domestic recipients for 3 years in a row - clause 5 of Art. 214 Tax Code of the Republic of Belarus;
4% is assigned to the amount of winnings received from legal entities of the Republic of Belarus (legally operating casinos, bookmakers, lotteries) - clause 4 of Art. 214 Tax Code of the Republic of Belarus;
0% is paid on dividends if profits have not been distributed for 5 years before - clause 6 of Art. 214 Tax Code of the Republic of Belarus.

Income tax on the rental of apartments and other residential and non-residential real estate is assigned in fixed amounts. These fixed amounts are determined by the councils of deputies of the regions and the city of Minsk.

Income tax benefits and deductions in 2020

Some personal income may not be taxed at all. This way, income tax is not calculated on pensions, benefits and other social payments. There are incomes that are not taxed only up to a certain amount.

In cases specified by law, deductions are granted for income tax. A deduction is the amount by which the tax base is reduced, i.e. with an income of 400 rubles. and deduct 100 rubles, income tax will be calculated from 300 rubles. (this is a conditional calculation).

Since the beginning of 2020, the following procedure for income tax benefits has been in force in Belarus:

Employees of budgetary organizations receive full exemption from income tax, but only once a year for the amount of payment for health improvement. The amount of this amount has not been determined.
Vouchers for children to health institutions paid for by an organization or entrepreneur are exempt from income tax. Limits: 888 rub. per child once a year.
Gifts in monetary and non-monetary form are exempt from income tax in an amount not exceeding RUB 7,003. in year.
Amounts received from an employer that are not wages are not subject to income tax: gifts, prizes, etc., but not more than 2,115 rubles. per year from one source. This also applies to pensioners who receive these benefits from their former employer.
Income tax is not charged on income from other organizations, including gifts, etc., if their value for each source does not exceed 140 rubles.
Income tax is not charged on payments made by the organization for an employee for insurance services, incl. medical, in the amount of no more than 3,622 rubles. per year from one source.
They do not pay income tax for gratuitous assistance in the amount of no more than 13,994 rubles. per year from all sources.
Payments to trade union members from the trade union organization are also not subject to income tax until their amount does not exceed 423 rubles. in year.

In the Republic of Belarus there are also different grounds for income tax deductions.

The standard tax deduction is currently 117 rubles. which should be subtracted from income not exceeding 709 rubles. Then the taxable base will be the remaining 592 rubles.
The income tax deduction for parents (guardians) of minor children and certain other dependents is RUB 32. For two children or more - 65 rubles. for each child.
65 rub. Single parents (guardians) and parents of disabled children also have a tax deduction;
For disabled payers of groups I and II, there is a tax deduction of 165 rubles. Such deductions are assigned to persons who have received the title of Hero, full holders of some orders and some other categories.

The following are also deductible without limiting the total amount:

Funds spent on paying for the first education of the payer or his family members.
Money spent on life and health insurance, future pensions, medical insurance.
Expenses for purchasing housing. However, income tax on the construction and purchase of housing is not charged only to those who needed to improve their living conditions and were registered in this status.

The list of income tax benefits and deductions does not end there. Full information about this can be found in Chapter 18 of the Special Part of the Tax Code, as well as in other legislative acts regulating this topic. There are quite a lot of them, so sometimes it is better to seek advice from a specialist.

Income tax for individual entrepreneurs

For individual entrepreneurs, income tax calculation follows special rules. The fact is that other individuals are taxed only on the amount intended for personal consumption. And the income of the entrepreneur is all the funds that come to him, incl. money from commercial turnover. Another difference is that the rate is not 13%, like other individuals, but 16%. However, individual entrepreneurs have the opportunity to deduct expenses incurred in the course of their activities from the tax base.

Here is an example of calculating income tax for an individual entrepreneur:

During the reporting period, an income of 3,000 rubles was received from core activities.
deductible expenses amounted to RUB 2,500.

Income tax is calculated as follows:

3,000 - 2,500 = 500 rub.
16% from 500 rub. = 80 rub.

As a result, the amount of income tax to be paid is 80 rubles.

Real calculations can be more complicated, but this is the general principle.

Paying income tax is more profitable for entrepreneurs with large and documented expenses. Other individual entrepreneurs often prefer a simplified taxation system (STS) or a single tax. Those who choose these forms do not pay income tax.

Income tax return

An income tax return is a document that gives an idea of the sources and amount of taxable income, the calculation method and the amount of tax payable. The majority of working residents of Belarus do not prepare such declarations, because are hired employees and are paid for by the employer (accounting department).

But entrepreneurs, notaries, lawyers and other persons independently engaged in commercial activities personally prepare and submit an income tax return to the tax authorities.

The declaration is always completed on the prescribed form. It is submitted either in paper form to the tax office at the place of registration, or electronically to the website of the Ministry of Taxes and Duties.

The deadline for filing the declaration is determined by the Ministry of Taxation. Thus, the income tax return for 2019 must be filed no later than March 31, 2020.

What the law says

Tax Code of the Republic of Belarus (Special Part)
Decree of the President of the Republic of Belarus "On the High Technology Park"
Tax Code of the Republic of Belarus (Special Part): Chapter 18. Income tax from individuals

conclusions

Personal income tax in the Republic of Belarus applies to most of the income received in cash, as well as in goods and services. Therefore, it is better to find out in advance what becomes the basis for calculating income and what does not. Information about this should be found in Chapter 18 of the Special Part of the Tax Code.

You won’t be able to save much on income in Belarus. The majority of the population pays 13%, and deductions in most cases have little effect on overall income.

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