#Do_you_know

⭐ According to the legislation, the following incentives are to be applied to entrepreneurs who have switched from paying turnover tax to paying VAT for the first time:

➡️ exemption from profit tax for 1 year;

➡️ no financial penalty shall be imposed for 1 year for violating the procedure for registration with the tax authorities as a VAT payer;

➡️ for 6 months, the portion of monthly accounting service expenses not exceeding 3.5 times the minimum amount of remuneration for labor shall be deducted from the taxes payable.

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