Subject This article investigates the organizational and methodological aspects of separate VAT accounting. Objectives The article aims to develop a methodology for separate VAT accounting. Methods For the study, we used observation, comparison, description, analysis and synthesis. The works of domestic economists on the identified problem and Russian laws and regulations are the theoretical basis of the study. Results The article proposes a methodology of separate VAT accounting, which consists in organizational and methodological measures to form provisions of accounting policy in the keeping separate VAT accounting, describing the tax ledger maintaining procedure, and minimizing risks forming a biased VAT deduction. Conclusions and Relevance The proposed methodology helps take into account all the requirements of the Tax Code of the Russian Federation concerning the organization of separate VAT accounting. It is economically sound and capable of solving the problems of separate VAT accounting. The results of the study can be applied both in the theory and practice of VAT accounting.
Keywords: value added tax, accounting, tax rate, separate VAT accounting
References:
Brusnikina A.B. [Separate VAT accounting]. Bukhgalterskii uchet = Accounting, 2015, no. 10, pp. 52–56. (In Russ.)
Grishina O.P. [Accounting for the cost of construction and installation activities performed for own consumption in the input tax distribution]. NDS: problemy i resheniya, 2016, no. 6. (In Russ.) URL: Link
Krutyakova T.L. NDS: praktika ischisleniya i uplaty: stroitel'stvo, vosstanovlenie NDS, nalogovye agenty, ustupka prav trebovanii, razdel'nyi uchet, korrektirovochnye scheta-faktury [VAT: The practice of calculation and payment: construction, VAT reinstatement, tax agents, assignment of receivables, separate accounting, adjustment invoices]. Moscow, AiSi Grup Publ., 2017, 519 р.
Polukhina M. [VAT: an accounting policy segment]. Nalogovyi uchet dlya bukhgaltera, 2009, no. 12, рp. 30–37. URL: Link (In Russ.)
Rudik V. [All about the separate VAT accounting]. Moskovskii bukhgalter, 2010, no. 11-12. URL: Link (In Russ.)
Korchagina E. Razdel'nyi uchet i raspredelenie NDS pri eksporte tovarov [Separate VAT accounting and distribution when exporting goods]. Proekt Azbukha, 2017. (In Russ.) URL: Link
Starodubtseva I.V. [Refusing to apply export VAT zero rate: is it always profitable?]. NDS: problemy i resheniya, 2018, no. 7. URL: Link (In Russ.)
Skripkina O.V., Tolstykh D.I. [Improving the methodology for maintaining separate VAT accounting]. Sbornik statei II Mezhdunarodnoi nauchno-tekhnicheskoi i nauchno-metodicheskoi konferentsii: Sovremennye tekhnologii v nauke i obrazovanii – STNO-2017. Ryazan', 1–3 marta 2017 g [Proc. Int. Sci. Technical and Methodological Conf.: Modern Technology in Science and Education – STNO-2017. Ryazan, March 1–3, 2017]. Ryazan, RSREU Publ., 2017, pp. 244–247.