The deadline for payment of the simplified taxation system for the 1st quarter of 2022 for legal entities

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

For late payment of taxes, the legislation of the Russian Federation provides for fines and penalties. For this reason, it is necessary to comply with the terms for depositing funds when working on the simplified tax system. Legal entities are interested in when the deadline for payment for the 1st quarter is provided for them in 2022.

How is the tax payment made according to the simplified tax system?

The tax must be paid in full by March 31 of the following year. But during the current period, it is necessary to make advance payments. These are partial amounts calculated at the end of each quarter.

There is a payment deadline for each quarterly installment, which must be strictly adhered to in order not to receive a fine or other punishment.

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Payment term

In accordance with the legislation of the Russian Federation, legal entities working on a simplified system are required to pay an advance payment for the 1st quarter before April 25 in the coming year. You can deposit funds earlier, but only after submitting a report for the first 3 months of the year.

In total, 25 days are given to pay the first advance payment in 2022. You can deposit funds from April 1 to April 25.

Postponement of the deadline for payment

There is no reason to hope for the transfer of tax payment when working on the simplified tax system. The deadline for depositing funds can be shifted if it falls on:

• Saturday;
• Sunday;
• holiday.

In this case, the first working day after the deadline established by law becomes the last date. Usually the transfer is carried out on the 26th or 27th. It will be impossible to get a reprieve for a longer time.

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What will happen if you do not deposit funds on time

If the funds in 2022 are not credited to the tax office within the allotted time, the legal entity runs the risk of being punished for violating the deadline for payment of the simplified tax system for 1 quarter. The impact on the organization depends on the length of the delay in payment.

Mandatory interest will be charged for each day of delay. This amount will have to be paid to the tax office along with the main payment. The measure is applied if the delay period is short.

In case of regular violations or long-term non-payment, other punishment options are used. A legal entity may be subject to administrative liability.

You should not violate the deadlines established by law, as this will lead to overpayment and penalties.

If there was no revenue

In the case when the organization did not have any revenue for the reporting period, the tax does not need to be paid, but the need to file a declaration remains. It will be zero, but it should be sent to report the absence of revenue to the tax office. The mandatory payment will not be invoiced.

Outcomes

In 2022, legal entities operating under the simplified tax system will be required to make advance payments during the year. Tax must be paid for the 1st quarter by April 25th. This can be done after submitting the declaration to the department of the Federal Tax Service.

If there was no revenue for the period presented, you will need to send it to the tax zero return. In this case, the legal entity will be exempted from making a mandatory payment. For late payment of tax, the legislation of the Russian Federation provides for various penalties: penalties, fines, etc.