MOSCOW, September 27A group of deputies from the LDPR, led by Leonid Slutsky, submitted to the State Duma a bill to exempt citizens whose salary does not exceed 30 thousand rubles per month from personal income tax, follows from the database of the lower house of parliament.
Currently, the base personal income tax rate in Russia is 13%, and for incomes over 5 million rubles per year — 15%.
The bill amends Article 217 of the Tax Code, which, from January 1, 2024, exempts from personal income tax wages the amount of which does not exceed 30 thousand rubles per month. This will allow such individuals to “keep more of their earnings and improve their standard of living,” the developers say.
They consider the amount of 30 thousand rubles to be “optimally weighted” for the abolition of personal income tax, because it is almost twice the minimum wage, which from January 1 of this year amounted to 16,242 rubles per month. Therefore, such a support measure will be “tangible especially for low-income citizens,” the developers believe.
The Government of the Russian Federation believes that “the idea of supporting the least protected categories of citizens deserves special attention,” but the bill itself needs significant improvement. After all, its provisions do not link the right to receive the corresponding exemption with the general level of income of the taxpayer (including income from other types of activities).
And therefore, “taxpayers who do not belong to socially vulnerable segments of the population can also take advantage of the proposed benefit,” the Cabinet of Ministers notes. In addition, he recalls that the current legislation on taxes and fees provides tools for targeted support for certain categories of the population, including low-income citizens.