The tax increase planned by the Russian Ministry of Finance will affect approximately 2 million citizens with high salaries, according to the department’s materials. Lenta.ru reported this on May 28.
Personal income tax (NDFL) will be increased for those who receive a salary of more than 2.4 million rubles per year (an average of 200,000 per month). According to preliminary estimates, these people in the country represent around 3% of the active population.
The rest will not be affected by the tax changes; For them, personal income tax will remain at 13%. Additionally, the income of SVO participants will not be subject to the increased tax rate. For several families with children, it is planned to reduce personal income tax to 6% by refunding part of the tax paid.
The publication did not provide further details on the expected tax increase.
Recall that on the afternoon of May 28, the head of the Ministry of Finance, Anton Siluanov, announced that the ministry had submitted to the government a package of bills that included changes to the Tax Code. The State Duma is scheduled to adopt the amendments before the end of the current spring session, which this year will last until August 5.
An increase in personal income tax is planned from 15% for those whose income is 2.4 to 5 million rubles per year, up to 18% for incomes from 5 to 20 million rubles per year, until 20% for incomes of 20 to 50 million and up to 22% for those who receive more than 50 million rubles a year.
Source: Rossa Primavera
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