Understatement of tax payable in the declaration

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Remember that this procedure does not apply to all situations. For example, import tax, as we have already discussed earlier, must be processed and paid once a month.

An example of VAT payment under the simplified tax system in 2025
Individual entrepreneur Mosina on the simplified tax system chose a VAT rate of 5%. The total cost of the goods under the supply contract is 105 thousand rubles (VAT - 5,000).

In March 2025, Mosina received an advance payment from the buyer - 50 thousand rubles. VAT was calculated from the advance payment at the estimated rate of 5/105:

50,000×5/105 = 2,380 rubles — this amount and the rate of 5/105 are reflected in the declaration for the first quarter of 2025.

Mosina shipped goods worth RUB 100,000 (including VAT) to the buyer in April 2025. VAT on the shipment was calculated at the applicable rate of 5%:

100,000×5% = 5,000 rubles — the individual entrepreneur will reflect this tax namibia phone number list amount and the 5% rate in the declaration for the second quarter of 2025 and in the same declaration will declare a deduction of VAT from the advance, calculated in the first quarter of 2025 — 2,380 rubles. That is, the tax for the second quarter of IP Mosina will pay minus the already transferred tax from the advance in the remaining amount — 2,620 rubles (5,000 — 2,380).

Fines for VAT payment
Failure to comply with VAT payment or declaration filing requirements may result in serious financial penalties for the company. Russian tax legislation provides for several types of fines, which depend on the nature of the offense.

If the company has indicated in the declaration an amount to be paid that is less than required, the tax authorities will consider this a violation. Additionally, it will be necessary to pay:

1. 20% of the unpaid amount of your tax, if the error was not intentional.

2. 40% of the unpaid amount if the underpayment was intentional.

In addition, penalties are charged on such amount of arrears. Penalties are calculated for each day of delay, starting from the established payment deadline.