What is microbusiness
Starting your own microbusiness is much easier than it sounds. Whether you are making jewelry by hand, printing something for sale or sewing, half the battle is already done. It…

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Auditor VS Management company: when which instrument to choose
Let us recall that in addition to the general meeting of its members, the board of directors and the director, the structure of the company's management bodies can include the…

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Progressive tax rate
Tax base and set of tax bases When determining the tax base, all incomes of an individual that are received by him both in cash and in kind or the…

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Control of operations with cash and property
The institution of mandatory control over transactions with money and other property is one of the basic elements of the functioning of the Russian system for countering the legalization and…

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Tax-free transfer of property in business: which instrument to choose?
Why might a tax-free transfer of property be required? The change of ownership of property by concluding a sale and purchase agreement is recognized as a sale and entails the…

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already talked

How do I get multiple deductions in one year?

Let us remind you that the tax deduction gives you the right to return the income tax previously paid to the budget or reduce the tax payable.

You can get a deduction only if you are a tax resident of the Russian Federation and pay personal income tax on a certain type of income. Until 2021, a deduction could be obtained for any type of income taxed at a rate of 13%. And since 2021, the rules have changed – now the list of income from which you can get a deduction has been significantly reduced. In addition to the salary received under employment contracts and GPC contracts, the calculation includes income received from the lease of property, from the provision of various services and some other income. Continue reading

10 mistakes entrepreneurs make in purchasing

Procurement is not only participation in tenders, but also simply the purchase of goods necessary for a business. Purchasing departments or managers play an important role in a company’s business processes. And this area requires strategic planning. We decided to translate the material of European buyers about the most common mistakes in this industry. The information will be useful for Russian entrepreneurs as well. Continue reading

Preferential loans for legal entities and individual entrepreneurs
The state provides loans to businesses for resuming operations and for expenses related to the borrower's business activities. The funds issued are not earmarked; they can be used not only…

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How to get through the off-season without cash gaps
In the spring and summer, the company had strong sales, and in late autumn, winter and early spring it had to take out loans and overdrafts. They figured out how…

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Progressive tax rate
Tax base and set of tax bases When determining the tax base, all incomes of an individual that are received by him both in cash and in kind or the…

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