Anti-Corruption Legal Education: Unified Tax Account - a new form of accounting for payments to the budget system of the Russian Federation
On January 1, 2023, Federal Law No. 263-FZ of July 14, 2022 “On Amendments to Parts One and Two of the Tax Code of the Russian Federation” came into force, which introduces the Unified Tax Account. Instead of a large number of various payments and details for them, funds will be transferred indicating only the taxpayer identification number and the amount of the payment.
Unified Tax Account is a single amount of taxpayer's settlements with the budget. The taxpayer will always understand that either he owes the state, or he can dispose of the positive balance at his own discretion.
The Unified Tax Account allows you to form a single balance of settlements and systematize the results of tax liabilities and transfer funds according to the principle of a single tax payment by a universal payment order.
The Unified Tax Account is required to make tax payments simply and without errors:
one payment per month;
universal details for all taxes;
no erroneous payments;
saving time and labor costs;
unified payment calendar;
one payment term
one date for filing tax returns.
The Unified Tax Account allows you to achieve transparency in budget settlements:
the state independently distributes payments for taxes and budgets;
a single balance of settlements with the budget (balance sheet);
one day to remove the arrest from the bank account;
penalties are calculated on the amount of the negative balance, and not on each tax.
Overpayment can be returned or shared with a friend:
one day for the return (the order for the return will be sent to the Treasury of Russia no later than the day following the day after the receipt of the application from the taxpayer);
no statute of limitations for overpayments (the current three-year limitation on refunds/credits is excluded for amounts paid/credited after 2020);
the absence of debts and recovery measures in the presence of an overpayment; the possibility of crediting "free" funds at the request of the taxpayer for the Unified Tax Payment of another person.
Link to the official source https://www.nalog.gov.ru/rn77/ens/