Theoretical aspects of accounting costs of plant production

The introduction of VAT for organizations using the simplified tax system (STS) has caused a stir among accountants. Some consider it an undoubted plus, while others complain that the amount of work for an accountant will increase significantly. The article examines the tax changes that will come into force for simplified taxpayers from 2025, including changes in limits for significant tax indicators and the introduction of the obligation to pay VAT. It describes the possible VAT rates that organizations on the STS will need to choose depending on the amount of income, the possibility of their application, and the execution of document flow, which will change somewhat. In conclusion, the opinions of tax experts on the opportunities that VAT under the STS gives to businesses are studied.