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New Calculation Method for VAT Exemption in Catering Organizations Using Average Employee Headcount

  • The Russian Tax Service has announced a new method for calculating the average monthly payment used for VAT exemption in the catering industry.
  • Starting from 2024, the average number of employees will be used instead of the actual number of employees.
  • This change will allow more entrepreneurs in the catering industry to apply for VAT exemption.
  • The current calculation method includes certain categories of employees, such as women on maternity leave, individuals on leave for child adoption, and workers on leave for child care.
  • The new method aims to simplify the calculation process and expand the number of businesses eligible for VAT exemption.

Source: garant.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.

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