Accounting statements: closing 2021, preparing for changes

Accounting statements in 2021 are generated from the same basic reporting forms as for previous financial years. The information presented in it covers all operations carried out by the company for 2021, including those indicated in interim (usually quarterly) reports, if their presentation is regulated by law or carried out in order to ensure internal control of the company's activities. This publication will discuss which reporting packages are mandatory for enterprises of different organizational and legal forms.

Changes in 2021

Changes were adopted to provide the annual reporting package. According to the norms, these reports must be sent from 2021 only to the Federal Tax Service. There is no need to submit them to Rosstat. However, in this regard, those who are subject to a mandatory audit must also include an audit report in the tax kit. This innovation will only apply to reports for 2021; for 2018, reporting must be done in the same manner. From 2021, all reporting must be submitted only electronically, and the use of an enhanced digital signature is mandatory. The exception is small businesses, which are given the right to choose the method of sending the report. Reports on forms 2-NDFL and 3-NDFL must be sent to the tax office using the new forms. It is important to remember that if an employee requests a 2-NDFL certificate, he is currently issued a new form, which differs from the one submitted to the Federal Tax Service. If a business entity uses UTII, then he had to report for 2018 using a new form, which was supplemented with columns for the right to apply a deduction for the purchase of online cash registers. From 2019, when filling out this report, you must use a new deflator coefficient - 1.915. Important! For companies that operate under the simplified tax system, preferential tax rates will no longer apply from 2021, so most of these companies will have to pay contributions to the Social Insurance Fund and Compulsory Medical Insurance Fund and fill out the corresponding sections in the calculation. In the first quarter of 2021, a new form appears. Also new to simplify the 6% tax rate is the ability for taxpayers to refuse to file a declaration if they use online cash registers in their activities. Taxpayers will also have to report on VAT for 2019 on the new form, since A new declaration will come into effect (it is currently in draft) due to the transition to a tax rate of 20%. Important! Amendments have been made to the income tax return, which stipulate that entities will not be able to reduce the regional rate for this tax. This innovation must be taken into account when filling out the declaration for 2021.

Increase in minimum wage

From January 1, 2021, the minimum wage increased to 9,489 rubles ( Law No. 421-FZ dated December 28, 2017 ). In this regard, employers need to adjust their local regulations and increase wages for employees who are tied to the minimum wage. It is necessary to issue a corresponding order and make changes to the staffing table.

If an employee is paid a salary below the minimum wage, liability will arise under clause 5.27 of the Administrative Code. It involves a fine of 30,000-50,000 rubles.

In what cases should reporting be submitted electronically?

The legislation establishes that if the number of employees exceeds 100 people, then reports must be prepared and submitted by the entity only in electronic form. The same rule applies to enterprises classified as the largest. For other entities, there is the right to choose which form of reporting to use. However, from 2021, financial statements must be provided in electronic form, with the exception of small businesses. When submitting reports to the Pension Fund of Russia, the electronic form of reports is required if the number of employees exceeds 25 people. Everyone else independently decides to submit reports to the regulatory body on paper or electronically. Information on the average headcount can be submitted both electronically and on paper. The subject independently makes a decision on this issue. This rule also applies to reporting to the Social Insurance Fund.

Tax reporting deadlines in 2021: table

Deadlines for submitting reports to the Pension Fund

New report SZV-STAZH

In 2021, you will have to report for the first time using the SZV-STAZH (form from the Pension Fund Resolution No. 3p dated January 11, 2017 ), which contains information about the insurance length of employees. The report is submitted once a year and is compiled for each employee. It includes persons with whom employment contracts and civil contracts are concluded, from payments for which insurance deductions are made.

The 2021 report must be submitted by March 1, 2018 . Policyholders filing a report for 25 or more insured persons must report electronically using the TCS.

more about filling out the SZV-STAZH from our material.

Deadlines for submitting reports to the Social Insurance Fund

In 2021, only one form is still submitted to the social insurance fund - 4-FSS. The deadline for submitting it depends on the medium on which the report will be submitted - electronically or on paper. In addition, it is necessary to remember that in order to correctly assign the contribution rate for injuries, it is necessary to send a confirmation form for the main type of activity within the prescribed period.

Results of intellectual activity

Minor changes affected income accounting. Now they do not have to include property rights to the results of intellectual activity that were identified during the inventory in the period from January 1, 2021 to December 31, 2021. Amendments to Article 251 of the Tax Code were introduced by Law No. 166-FZ of July 18, 2021 .

In addition, from the beginning of this year, instead of sending a report on R&D to the Federal Tax Service, it will be necessary to place data in GIS. Tax authorities will have to be notified of this using a specially designed form.

Deadlines for submitting financial statements

Starting from the 2021 reporting year, the submission of financial statements to statistics has been cancelled. The last time organizations must submit these forms is in 2021 for annual reports for 2018. All companies are required to send a balance sheet, profit and loss statement, and all other forms included in the accounting package, regardless of their form of ownership, tax system, organizational form. Entrepreneurs, as well as branches of foreign companies, have the right not to submit accounting reports. These entities are permitted by law not to maintain accounting records. The deadline for reporting is March 31 of the year following the reporting year. In 2021, due to a holiday, this day is moved to April 1. Attention! If a company was opened on October 1, 2018, it must submit a report to statistics for the first time only after December 31 of the following year. Due to the cancellation of reporting for 2021, such enterprises are already exempt from submitting accounting reports to Rosstat.

Approval of accounting records

The prepared financial statements are signed by the head of the company. Let us remember that it becomes legally significant and actually drawn up only after approval by the top management, for example, by a meeting of shareholders.

The date of approval of the financial statements is indicated in the title of the balance sheet. The legislator has established the deadlines possible for holding a meeting of shareholders - a JSC has the right to hold it no earlier than 2 months after the end of the financial year - from March 1 to June 30 (Article of the Law on JSC dated December 26, 1995 No. 208-FZ). For LLCs, the period for holding a general meeting of participants is set from March 1 to April 30 after the reporting year (Article of the Law on LLCs dated 02/08/1998 No. 14-FZ). The exact deadlines are established by the charters of the companies.

Deadlines for submitting reports to statistics

Rosstat periodically expands the list of forms that must be submitted by business entities. It is also necessary to remember that you cannot send an empty form - it will be rejected. The exact list of forms that must be submitted to Rosstat at the end of the year depends on the size of the enterprise (small, medium, large business), as well as on what kind of activity it carries out. Attention! In 2021, all enterprises, regardless of their form of ownership, are required to send a set of financial statements for 2021 to Rosstat. As of 2021, this obligation has been removed from them. Entrepreneurs do not submit reports to statistics, since the law allows them not to keep accounting records at all. Organizations that are classified as medium-sized enterprises and above must submit the following forms to Rosstat:

The mandatory reporting does not include enterprises that are classified as micro, small or medium in size. Rosstat conducts sample observations for them. In order to find out the list of forms that need to be submitted this year, you should use a special service: https://statreg.gks.ru/ In addition to specialized forms by type of activity, such entities usually submit:

Insurance premiums for individual entrepreneurs

Speaking about the minimum wage, one cannot fail to mention one more innovation. Previously, fixed contributions of individual entrepreneurs were calculated on the basis of this indicator. However, starting from 2021, this link has been removed, that is, now the fixed contributions of individual entrepreneurs do not depend on the size of the minimum wage . The change was introduced by law dated November 27, 2017 No. 335-FZ .

Now the amount of contributions is fixed for the next few years. In 2018, with an income of up to 300,000 rubles inclusive, an individual entrepreneur will pay insurance premiums in the amount of 26,545 rubles , and over 300,000 rubles - 1% of the excess amount. The amount of contributions for the following years can be viewed here.

Penalty for failure to provide

The obligation to submit tax reports within the established deadlines is laid down in the Tax Code of the Russian Federation. If a business entity violates the specified deadline or does not send a declaration at all, fines may be imposed on it. The calculation rules have not changed in 2021. It is also necessary to remember that they apply not only directly to tax payments, but also to all types of insurance premiums (except for injuries). Additional fines have been established for certain types of taxes and reporting on property.

Source of material Reporting in 2021 - table and deadlines