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Lawmakers Approve Gradual Reduction of Income Threshold for VAT under Simplified Tax System

  • Deputies supported a gradual reduction of the income threshold for VAT payment under the simplified tax system (STS).
  • The threshold will decrease in stages: 20 million rubles for 2025, 15 million for 2026, and 10 million for 2027 and beyond.
  • Businesses exceeding these thresholds during the year will be required to pay VAT from the following month.
  • The measure aims to combat business splitting.
  • The third reading of the bill is scheduled for November 20.

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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