The revenue threshold for small businesses for VAT payment can be fixed for three years.

      Earlier, Russian President Vladimir Putin proposed to postpone the reduction of the revenue threshold.

      Photo: Maxim Platonov

      The head of the Ministry of Finance of Russia, Anton Siluanov, believes that further reduction of the revenue threshold for VAT payment can be postponed and maintained at the current level for up to three years. He announced this to reporters on the sidelines of the St. Petersburg International Economic Forum (SPIEF). Earlier, Russian President Vladimir Putin suggested postponing the reduction of the revenue threshold necessary for applying the simplified taxation system (STS), noting that this issue had already been discussed with businesses and Prime Minister Mikhail Mishustin.

      — The President noted that it would be desirable to fix this for a longer period. <…> I think for at least three years, — Siluanov noted.

      More details about the relocation of state corporations to the regions, the global economy's shift away from Western centrism, and other key statements by Putin at SPIEF-2026 can be found in the article by "Real Time."

      Nikita Egorov

      More news about the event:

      The revenue threshold for small businesses for VAT payment may be fixed for three years.

      Earlier, Russian President Vladimir Putin proposed to postpone the reduction of the revenue threshold.

      Photo: Maxim Platonov

      The head of the Ministry of Finance of Russia, Anton Siluanov, believes, 22:57 05.06.2026 Real Time - Kazan

      Siluanov: the revenue threshold for businesses at 20 million for VAT payment will be fixed for three years.

      Further reduction of the revenue threshold, at which businesses are required to pay VAT, may be postponed, and the current level will be maintained for the next three years. 21:32 05.06.2026 Business Online - Kazan

      Putin instructed to postpone the reduction of the revenue threshold for businesses for VAT payment.

      Further reduction of the revenue threshold for businesses for VAT payment can be postponed and fixed at the current level. 17:33 05.06.2026 Business Online - Kazan

      News from neighboring regions on the topic:

      The main points for Pomorye from Vladimir Putin's speech at SPIEF-2026.

      In the speech of President of Russia Vladimir Putin at the plenary session of SPIEF-2026, a large number of important signals for business and regions were sounded. 00:25 06.06.2026 Business Class Arkhangelsk - Arkhangelsk

      Siluanov: maintaining the VAT threshold will bring small businesses 100 billion over two years.

      Russian Finance Minister Anton Siluanov stated that maintaining the revenue threshold for VAT payment at the level of 20 million rubles will provide additional support for small businesses. 22:47 05.06.2026 IA Public News Service - Moscow

      The VAT payment threshold of 20 million rubles will remain unchanged at least until 2025.

      The head of the Ministry of Finance, Anton Siluanov, reported that the annual revenue threshold for mandatory transition to VAT payment at the level of 20 million rubles will remain for the next three years. 21:36 05.06.2026 Rakurs 32 - Bryansk

      In support of businesses: Vladimir Putin proposed to suspend the planned reduction of the revenue threshold for applying the simplified taxation system.

      President Vladimir Putin spoke at the Plenary Session of the St. Petersburg International Economic Forum. 21:23 05.06.2026 TC St. Petersburg - St. Petersburg

      In Russia, the revenue threshold for businesses for VAT payment will affect 200 thousand entrepreneurs.

      Photo: depositphotos/Milly7

      The reduction of the revenue threshold for businesses for VAT payment will affect approximately 200 thousand entrepreneurs. 21:17 05.06.2026 M24.Ru - Moscow

      Putin announced the postponement of plans to reduce the revenue threshold for transitioning to VAT.

      The revenue threshold at which businesses are required to pay VAT will remain at 20 million rubles per year for now. 22:11 05.06.2026 Bnkomi.Ru - Syktyvkar

      Plenary session with Vladimir Putin — the main event.

      Photo: MR7

      President of the Russian Federation Vladimir Putin spoke at the plenary session at SPIEF-2026. 20:38 05.06.2026 My District - St. Petersburg

      Zelensky's open letter to Putin was discussed at SPIEF.

      Photo: MR7

      Journalist from India Today, Geeta Mohan, during the plenary session at SPIEF, asked Russian President Vladimir Putin about the topics raised in his open letter to him by Ukrainian President Vladimir Zelensky. 20:38 05.06.2026 My District - St. Petersburg

      Putin proposed to postpone further reduction of the revenue threshold for VAT payment.

      Putin proposed to postpone further reduction of the revenue threshold for VAT payment. President of Russia Vladimir Putin suggested abandoning further reduction of the revenue threshold, 18:55 05.06.2026 Rzn.Info - Ryazan

      Putin postponed plans to reduce the revenue threshold for transitioning to VAT.

      President of Russia Vladimir Putin, during a meeting at SPIEF-2026, announced the postponement of plans to reduce the revenue threshold for small businesses, exceeding which "small" entrepreneurs using STS, 18:54 05.06.2026 Newsler.Ru - Kirov

      The President on the simplified taxation system: "I consider it possible to postpone further reduction of the revenue threshold."

      Photo: SeverPost / Narmina Titova

      President of Russia Vladimir Putin at the plenary session of SPIEF stated that he considers it possible to postpone further reduction of the revenue threshold for those working under the simplified taxation system. 19:46 05.06.2026 SeverPost.ru - Murmansk

      Further reduction of the revenue threshold for businesses for VAT payment can be postponed and fixed at the current level – Putin.

      This was stated by the head of the Russian Federation at SPIEF.

      Today, at the plenary session of SPIEF, President Vladimir Putin raised the issue of revenue for businesses. 18:16 05.06.2026 Online47.Ru - Leningrad Region

      Putin proposed to defer the reduction of the revenue limit for VAT payment by entrepreneurs.

      At the St. Petersburg International Economic Forum (SPIEF-2026), President of Russia Vladimir Putin delivered a speech. 18:07 05.06.2026 Rakurs 32 - Bryansk

      Putin: further reduction of the revenue threshold for businesses for VAT payment can be postponed.

      President of Russia Vladimir Putin at the plenary session of SPIEF proposed to postpone further reduction of the revenue threshold for businesses for value-added tax payment. 18:03 05.06.2026 Moika78.Ru - St. Petersburg

      Putin instructed to postpone the reduction of STS thresholds for small businesses.

      President of Russia Vladimir Putin proposed to abandon plans for phased reduction of the revenue threshold for applying the simplified taxation system (STS). 17:58 05.06.2026 Expert South - Rostov-on-Don

      In Russia, the revenue threshold for companies under the "simplified taxation system" will be frozen.

      Photo: screenshot of the plenary session broadcast

      Vladimir Putin instructed the government and the State Duma to make amendments to tax legislation. 17:53 05.06.2026 47 News - Leningrad Region

      Putin announced the possibility of postponing the reduction of the revenue threshold for companies.

      Photo: RIA Novosti/Grigory Sysoev

      Vladimir Putin announced the possibility of postponing further reduction of the revenue threshold for companies for simplified taxation. 17:47 05.06.2026 M24.Ru - Moscow

      Putin proposed to fix the revenue threshold for STS at the level of 20 million rubles.

      President of Russia Vladimir Putin, speaking at the plenary session of the St. Petersburg International Economic Forum, proposed to fix the current revenue threshold for transitioning to the simplified taxation system. 17:42 05.06.2026 MosRegToday.Ru - Moscow Region

      Putin proposed to postpone the reduction of the revenue threshold for small businesses for VAT payment.

      Putin pointed out that it is important not to create additional difficulties for entrepreneurs. Putin proposed to postpone the reduction of the revenue threshold for small businesses for VAT payment.

      Photo: REUTERS. 01:26 06.06.2026 Komsomolskaya Pravda - Yuzhno-Sakhalinsk