The Ministry of Finance proposed to increase VAT to 22 % / news of the economy of Krasnoyarsk and Krasnoyarsk Territory / Newslab.ru

The draft budget prepared by the Ministry of Finance of the Russian Federation for 2026 and the planning period 2027–2028 provides for an increase in the total value tax rate (VAT) from 20 % to 22 %.

The funds that will bring VAT are primarily intended to ensure financing defense and security, the Ministry of Finance said.

At the same time, the preferential rate of 10 % is preserved for all socially significant goods – food (meat, milk, eggs, vegetable oil, bread, cereals, etc.), drugs and medical products, goods for children, etc.

Other additional sources of budget replenishment proposed by the Ministry of Finance include the elimination of temporary anti -icing benefits for insurance premiums, reducing the threshold of VAT payers for a simplified scheme from 60 million rubles to 10 million rubles, a change in taxation of bookmakers and the privatization of the largest state -owned companies, the RBC draws attention.

It is assumed that amendments to the Tax Code of the Russian Federation, providing, among other things, an increase in VAT, will enter into force on January 1, 2026.

The budget package aimed at consideration by the government will be submitted to the State Duma by the end of September.

In 2025, according to summer amendments to the budget, VAT will bring 15.7 trillion rubles to the treasury, of which about 10.5 trillion are “internal” VAT and 5.2 trillion – “imported”. In 2026, this volume should have increased to almost 17 trillion rubles. Only based on the nominal growth of GDP. Based on the arithmetic increase in the rate, additional revenues can exceed 1 trillion rubles. In 2026 (for comparison: an increase in the VAT rate from 18 to 20 % in 2019 brought the budget more than 500 billion rubles in the first year (but then the total VAT fees amounted to 7 trillion rubles – 2.2 times less than the 2025 assessment)), RBC notes.