Instruction

1

Taxpayers

**of VAT**are recognized, all organizations, individual entrepreneurs, as well as those persons who move the goods across the customs border of the Russian Federation. The amount of tax that must be paid, in the Russian legislation is defined in the form of the difference between the tax charged at the established rate of the tax base and the amount of tax deductions (paid when acquiring goods or services used in the activities of the company).2

The basic rate

**of VAT**in Russia at the moment is 18%. In addition, the legislation also provides for a different rate**of VAT**equal to 10%, which is used when implementing special types of goods (for example, some medicines, food products, children's products, publications), and 0% rate, which is used for export of goods. Also, some organizations and individual entrepreneurs get the release from fulfillment of duties of the payer of**VAT**if during the previous 3 successive calendar month, the amount of revenue from sales (without**VAT**) does not exceed 2 million rubles. Thus, organizations who switch to the simplified taxation system do not pay**VAT**.3

It is possible very simply to calculate independently the amount with

**VAT**. It is necessary to divide any amount per unit plus**VAT**and divide by 100%. For example, if**VAT**is 10%, we should divide the sum by the value 1.1, if**VAT**is 18%, then you need to divide the required amount to 1.18. If you multiply the amount by the value of 0.18, you will get the amount of value added tax.4

In turn, there is a special formula to calculate

**VAT**. For example, suppose you know the amount S. we Need to calculate the amount of**VAT**, which is 18 percent of S. In this case we get the following solution:**VAT**= S * 18 / 100.For example, if the sum is equal to 10 000 rubles,**VAT**will be 1800.**VAT**= 10000 * 18 / 100 = 1800.