The amount of personal income tax in Russia. The amount of the tax deduction

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Many taxpayers are interested in the amount of personal income tax in 2016. This payment is familiar, perhaps, to every working person and entrepreneur. So it is worth paying special attention to it. Today we will try to understand everything that can be related to this tax. For example, how much exactly will have to be paid, who should do it, are there ways to avoid this "contribution" to the state treasury. What will be required for this? Understanding the issue is not so difficult. But the acquired knowledge will help you in the future. Especially, as soon as you have this or that income. At such times, personal income tax plays an important role. Let's get started with our topic today. There are so many nuances to consider.

Definition

The amount of personal income tax is, of course, important. But only it is worth thinking about after you understand what it is all about. What kind of tax is this? Who pays and when? Maybe it doesn't concern you at all? Then it doesn't make sense"dig" into the details of our today's topic.

In fact, personal income tax is a tax that is paid by all citizens who have a profit. It is also called income. This is a certain amount that is withheld from the money you receive. And it doesn’t matter in what way - from personal activities or in the form of a salary. They made a profit - they gave part of it to the state treasury. These are the rules that apply on the territory of the Russian Federation.

Who pays

Who should make the relevant payments? It is not difficult to guess that the issue concerns all able-bodied citizens. Or rather, adult and capable taxpayers. Particularly if they have some kind of income. That is, if you do not work and do not receive any money (pensions and social support are not taken into account, scholarships too), then you are exempt from paying.

But a working citizen must make the appropriate payment without fail. More precisely, this is usually done by the employer when it comes to formal employment. But the amount of personal income tax is still of interest to many. We need to know how much the state withholds from our profits!

Also taxed are all income from the sale of property (rent, sale), any profit outside the territory of the Russian Federation, winnings and other cash receipts. But there are exceptions.

We don't pay

What are the exceptions? When will the size of personal income tax in Russia not worry a citizen? And in what cases does he have the right to evade this payment,but legally? To be honest, there are very few exceptions.

Gifts and inheritances from close relatives are not subject to income tax. Just keep in mind that close relatives include:

• spouses;
• grandparents;
• parents;
• children;
• brothers and sisters;
• grandchildren.

Only donations and inheritances received from the listed categories of citizens (even consolidated / adopted) are not subject to our today's payment. Of all the rest of the profits, you will have to give a certain percentage of the money. In addition, transactions with real estate that has been owned for more than 3 years are not subject to personal income tax. These are all exceptions to the rule.

Minimum

The amount of personal income tax may vary. Everything depends on the situation. For example, sometimes you can find a tax on personal income in the amount of 9% of profits. This is not the most common occurrence, but it does occur. When?

If you profit from so-called mortgage-backed bonds issued before January 1, 2007, or from mortgage certificates. In addition, the amount of personal income tax on dividends issued before 2015 (inclusive) will be 9% of the funds you receive. This is the lowest interest rate that can only be found in Russia.

General

As you might guess, there are other scenarios. Moreover, the full list can always be seen with detailed comments on the official page of the Federal Tax Service of Russia. All items will be clearly marked.for taxes to varying degrees.

However, if you study this information, it will be quite easy to get confused. After all, interest rates in our today's issue is more than enough. Are you interested in VAT? The size of this tax in the generally accepted concept is 13%. What does this mean?

Nothing special. It's just that in Russia income tax is most often found in the form of 13% of your profits. This is normal. And only in some exceptional situations, it can increase or decrease.

Just remember that this is the amount of personal income tax. From salaries, real estate sales and other transactions, part-time jobs. 13% is the amount that is most often charged to the taxpayer. The remaining tax rates are considered to be special cases. But they are also worth learning about. You may have to give more than you bargain for!

Not standard

Now a few exceptions to their rules. Determining the amount of personal income tax is not so difficult. Especially if you know in what cases and what interest rate is set. In general, you will have to give 13% - we have already found out. And in what cases is the "minimum" set, too. And in what scenario will you have to give the state more?

For example, if you make a profit from bonds. But here it is important to take into account that the organization must necessarily be registered outside the Russian Federation. In this situation, you just need to pay 15% of your income.

All prizes and winnings also have their own limits. The amount of personal income tax in suchcase will be as much as 35 percent! In addition, this kind of rule applies to the profit received from bank deposits, if it exceeds clearly established amounts. As you can see, not everything is so simple in our today's question. Income tax is a very complicated thing, if you go into details of it. But that's not all. There is another important nuance. And it should not be overlooked.

Foreigners

No one can hide from income tax. It must be paid by both residents of the country and non-residents. Only in different amounts. The amount of personal income tax in Russia for "local" taxpayers is most often set at 13%. But foreigners in this area were less fortunate.

Why? They will have to pay much more. How? Regardless of how exactly the profit is made, such citizens are required to give 30% of the income received in the territory of the Russian Federation. A significant amount that is necessarily charged to taxpayers. In this regard, the citizens of the Russian Federation were more fortunate. They need to pay almost 2 times less to the state treasury.

Deductions

Nevertheless, the amount of personal income tax is not the most important thing. There are moments in our current issue that please taxpayers. These are the so-called tax deductions. The thing is that it is they who attract many. In Russia, you can get back part of the money spent for certain services if you have taxable income.

The size of the personal income tax deduction is similar - 13%. But the exact amounts are set, depending on yourspending. For example, if we are talking about real estate, then the maximum that can be returned is 260,000 rubles. Otherwise, a refund of 13% of expenses is simply taken into account.

In addition, there is also a special deduction that is related to salary. It's called "for kids". The amount of personal income tax deduction in this case will be 1,400 rubles per child. And for two too. But for the third and subsequent - 3,000. Exactly the same amount of deduction will be in the case of raising a disabled child.

When exactly and for what can I get a refund? As we have already found out, for children. But there are other cases as well. For example, for receiving certain paid services, buying real estate (including mortgages), as well as for education and treatment. These are the most common options.

Order and timing

The amount of personal income tax is already known to us. And possible scenarios, too. But now it remains to find out by what date you must make our today's payment. In general, income tax requires reporting. It is submitted by April 30 of each year. Moreover, the report will be for the previous year. But the payment of personal income tax is possible until July 15. Most often there is an advance payment. It is made until April 30, along with the submission of a tax return. If you are officially working and have no profit other than your salary, then you don’t have to worry about the deadlines - this responsibility will fall on the shoulders of your employer.

The deduction can be received within 3 years from the date of the transaction. But the sooner the better. UsuallyIt is recommended to issue an appropriate return within a year. To do this is not so difficult. It is enough to present a certain list of documents. It varies depending on the situation, but in general remains the same:

• passport (copy);
• application for deduction (indicating account details and reason for applying);
• declaration (3-NDFL);
• help 2-personal income tax;
• copy of work book;
• SNILS;
• TIN;
• pension certificate (for pensioners);
• marriage/divorce/birth certificate;
• documents of title (for real estate);
• accreditation and license of an institution (usually for medicine and universities);
• an agreement confirming the transaction (purchase and sale, provision of services, contract with the university);
• student reference (for students);
• checks and receipts to prove your expenses.

As you can see, there are a lot of options. After collecting the necessary documents, contact the tax office of your area and wait. Approximately in a month or two you will be answered whether there will be a deduction or not.

If the answer is positive, you need to wait a little more. The transfer of money is also carried out for about 2 months maximum. On average, it takes about six months to complete. Now it is clear how much personal income tax certain citizens pay and what deductions they can receive.