- From January 1, 2024, organizations and individual entrepreneurs in the food service industry must meet a salary requirement in order to qualify for VAT exemption.
- Currently, food service businesses are eligible for VAT exemption if their total income does not exceed 2 billion rubles and at least 70% of their income comes from food service activities.
- Starting from January 1, 2024, a third requirement is introduced, which states that the average monthly payments and other rewards to individuals must be at least equal to the average monthly salary in the corresponding region for the food service industry.
- Initially, it was planned to calculate the average salary based on the total number of individuals receiving payments, but now it will be based on the average number of employees.
- The Federal Tax Service believes that this change will allow more food service businesses to qualify for VAT exemption.
Source: glavkniga.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
