Omsk region introduces additional benefits for small businesses

For newly registered individual entrepreneurs, in particular, benefits are provided that allow them to avoid paying taxes for two periods.

The Omsk region will significantly expand the list of types of business activities with preferential taxation. 16 On March, deputies of the Legislative Assembly supported in the first reading the proposal of the Ministry of Economy of the region to amend the law regulating the grounds for «tax holidays» for small businesses. For newly registered individual entrepreneurs, there are benefits that allow them to avoid paying taxes for two periods.

In addition, the bill extends to 10 This is a list of the activities of individual entrepreneurs working under a patent. Hairdressing and beauty services have been added; photo studio, photo and film laboratory services; maintenance and repair of motor vehicles, machinery and equipment; coinage and engraving of jewelry; residential cleaning, housekeeping, and interior design services; rental services; ceremonial and funeral services; cutting, processing and finishing of stone for monuments.

According to the Ministry of Economy, the law on «tax holidays» It proved to be in demand by small businesses in the Omsk region and proved its economic viability. The total amount of taxes received in the consolidated budget of the Omsk region from entrepreneurs operating under a simplified scheme based on the results of 2016 for a year, it has grown by almost 10% and compiled 2,9 billion rubles. Revenue from the sale of patents increased by 30%, before 48,6 million rubles.

In total, there are about 41 thousands of individual entrepreneurs, or about 65% of the total number of small and medium-sized businesses. The simplified taxation system of them is used by about 40% (about 16 thousands of people), and the patent one - only about 0,5% ep (2045 entrepreneurs).