It was decided to save small jewelers from the tax noose
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Craftsmen on the verge of collapse due to new law
The rescue of the jewelry industry turned out to be the focus of attention of the Russian public initiative. Experts are asking for the return of the simplified taxation regimes canceled in March, the loss of which puts many small jewelry workshops in a difficult situation.
Changes to the Tax Code, adopted on March 9, in particular, abolished VAT on the purchase of gold by individuals – but also made it impossible to apply the simplified and patent tax systems in the jewelry industry. Meanwhile, as the authors of the initiative note, there are two to three dozen large jewelry companies and more than 20,000 small workshops and individual jewelers operating in Russia. For these artisans, the abolition of simplified taxation makes it almost impossible to continue their activities. As a result, according to experts, more than a hundred thousand people may lose their jobs.
The authors of the initiative propose to return the simplified system of taxation.
Newspaper headline:
Small jewelers want to be saved from the tax noose
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