Raiffeisenbank: filing a tax return without visiting the offices of the Federal Tax Service

Raiffeisenbank’s free online accounting for small businesses now has the ability to download an automatically generated tax return in XML format. Te new feature is already available to individual entrepreneurs without employees with the Simplified Tax System using Income as a taxation base in the Raiffeisen Business Online Internet bank.

Why XML is needed

The ability to download a finished tax return from the online accounting in XML format will allow clients to send the document electronically through their personal account on the nalog.ru website. Entrepreneurs who use the services of EDM operators (companies that provide electronic document management services) will also be able to send a tax return without visiting the tax office. Soon this opportunity will appear in the online accounting of Raiffeisenbank.

«This is another step towards the implementation of remote filing of tax returns using our Online Accounting service. We expect that, along with the automatic calculation and generation of a tax return, the possibility of its filing online, without visiting the Federal Tax Service, will save entrepreneurs time on more important tasks in their businesses," Denis Skokov, the Head of Small Business Department at Raiffeisenbank, added.

In online accounting, entrepreneurs with the Simplified Tax System using Income as a taxation base can also enjoy the following features: a tax calendar that reminds them of upcoming tax events; the ability to edit the accounting of income transactions when calculating tax; a tax calculator that automatically calculates an advance payment with the ability to send it to the tax office; payment of insurance contributions.