Russians with low wages may be exempt from…

Russians with low wages may be exempt from income tax

Russians with low wages in the future may be exempt from income tax (personal income tax). This possibility will be discussed in the government. According to “Izvestia” with reference to the tripartite Commission on regulation socially-labour relations, tax credit want to provide for those whose income after tax of 13% will be below the subsistence level.

Thus, we are talking about tax on the average wage of about 13 . According to Rosstat, in 2017 less than 13.8 rubles earned about 11 million Russians (or 15.2%).

Experts believe that the proposal to deliver the workers with low wages from paying personal income tax fairness, but they warn about the possible “pitfalls” of the next tax reform. According to the Director of consulting company CAF Group Natalia Ionova, it is likely that the labor market will the share of “gray” wages: employers will make employees minimum rates and give the rest of the salary in envelopes.

The rector of Academy of labor and social relations Alexander Safonov believes that to protect the rights of employees with low wages need another way – through legislative fixation of minimum wage is above the subsistence level by 13%.

Source: Amic.ru


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