Tarif UMKM 0,5% berakhir di 2024, 2025 Pakai Pajak Progresif lagi !! || Solusi,Bayar Pajak Kecil

Summary

This video explains the upcoming changes to Indonesia's UMKM tax system. Starting in 2025, the 0.5% flat tax rate on businesses with annual revenues up to IDR 4.8 billion will be replaced by a progressive tax system. The video compares the current flat-rate tax with the new progressive system, showing how it significantly increases tax liabilities. It also offers a solution by suggesting the formation of a legal entity (PT or CV) to benefit from a lower 22% flat tax rate, which can be further reduced for small businesses. The video emphasizes the importance of tax planning and proper record-keeping.

Takeaways

• 😀 The 0.5% flat tax rate for small businesses (UMKM) in Indonesia will end in 2024.
• 😀 Businesses with a turnover up to 4.8 billion IDR per year can no longer use the 0.5% rate starting in 2025.
• 😀 The 0.5% tax rate was introduced in 2018 with a 7-year limit for individuals and 3-4 years for companies like PT and CV.
• 😀 After 2024, businesses will shift to a progressive tax system, with rates ranging from 5% to 35% based on income brackets.
• 😀 The progressive tax system is structured in five tiers: 0-60 million IDR (5%), 60-250 million IDR (15%), 250-500 million IDR (25%), 500 million-5 billion IDR (30%), and above 5 billion IDR (35%).
• 😀 For a 2 billion IDR turnover, under the 0.5% system, a business would pay 10 million IDR, but under the progressive system, the tax would rise to 124 million IDR annually.
• 😀 The progressive system calculates tax on net income, which is determined by applying a standard percentage to gross income (e.g., 30% for merchants).
• 😀 A potential solution to avoid high progressive taxes is to establish a legal entity (PT or CV), which qualifies for a flat 22% tax rate on profits.
• 😀 Small businesses with turnover below 4.8 billion IDR can benefit from a 50% discount on the 22% tax rate, reducing their rate to 11%.
• 😀 Creating a legal entity can significantly reduce taxes, but it requires proper bookkeeping, including balance sheets and profit-and-loss statements.
• 😀 While managing a legal entity can be more complex, it can result in tax savings of up to five times compared to the progressive tax system.

Q & A

What is the current tax rate for SMEs under the 0.5% scheme?

Currently, SMEs with an annual turnover of up to IDR 4.8 billion are subject to a flat 0.5% tax rate on their gross revenue.

What changes are happening to the tax rate for SMEs in 2025?

Starting in 2025, the 0.5% flat tax rate will no longer apply, and SMEs will switch to a progressive tax system, where the tax rate is based on net income and ranges from 5% to 35%.

What does the progressive tax rate system entail for SMEs?

The progressive tax rate system means that tax rates increase based on the level of net income. The rates are 5% for incomes up to IDR 60 million, 15% for incomes between IDR 60 million and IDR 250 million, 25% for incomes between IDR 250 million and IDR 500 million, 30% for incomes between IDR 500 million and IDR 5 billion, and 35% for incomes above IDR 5 billion.

How does the tax calculation differ between the 0.5% flat rate and the progressive tax rate?

Under the 0.5% flat rate, SMEs pay a fixed percentage of their gross revenue, while under the progressive tax system, the tax is calculated based on net income after expenses, and different portions of the income are taxed at different rates.

Can you provide an example of how taxes are calculated under both systems?

For a business with IDR 2 billion in turnover, under the 0.5% tax rate, the tax would be IDR 10 million. However, under the progressive system, assuming 30% net income, the tax would be IDR 124 million after applying various tax brackets on the net income.

What is the main advantage of switching from the 0.5% tax rate to a corporate entity (PT or CV)?

Switching to a corporate entity like a PT or CV allows SMEs to benefit from a flat corporate tax rate of 22%, or potentially 11% if the turnover is under IDR 4.8 billion, which is significantly lower than the progressive rates that could lead to much higher taxes.

How does the corporate tax system work for SMEs in Indonesia?

Corporate tax for SMEs in Indonesia is calculated based on profit rather than turnover. A business with a turnover below IDR 4.8 billion can benefit from a 50% tax discount, lowering the corporate tax rate to 11%.

What are the tax implications of having a turnover above IDR 1 billion under the progressive tax system?

For businesses with a turnover above IDR 1 billion, the progressive tax system can lead to much higher tax liabilities, as they will be subject to multiple tax rates on their net income, potentially leading to a tax increase of 10 to 12 times compared to the 0.5% rate.

What should SMEs do if they want to reduce their tax burden in light of the new tax rates?

SMEs can consider restructuring as a corporate entity (PT or CV), which may allow them to benefit from lower tax rates and save significantly on taxes. However, this requires proper financial management and bookkeeping.

What is the role of bookkeeping for businesses switching to a corporate entity?

Businesses that switch to a corporate entity must maintain proper bookkeeping, including financial statements such as profit-and-loss reports and balance sheets. This is necessary for accurate tax filing and to ensure compliance with Indonesian tax laws.