VATupdate

Share this post on

Putin Delays Planned VAT Threshold Cuts for Russian Small Businesses

  • Putin urged lawmakers to delay further cuts to the VAT threshold for small businesses and keep it at its current level for longer.
  • The threshold was already reduced to 20 million rubles in 2026, with planned drops to 15 million in 2027 and 10 million in 2028.
  • He said the issue had been discussed with business leaders and officials and asked the government and Duma to amend the law.
  • In November 2025, Putin had signed the gradual threshold-reduction law, down from the previous 60 million rubles per year.

Source: meduza.io

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.



Sponsors:

Fiscal Solutions Bottom

Advertisements:

  • Pincvision
  • RTC