The Head of the Russian State signed a law on the introduction of a progressive scale of personal income tax from 2025

The following income tax rates are set in Russia, depending on income:

— Up to 2.4 million rubles per year — 13%

— From 2.4 million to 5 million rubles — 15% in excess of 2.4 million rubles

— From 5 million to 20 million rubles — 18% of the excess of 5 million rubles

— From 20 million to 50 million rubles — 20% of the excess of 20 million rubles

— More than 50 million rubles — 22% in terms of exceeding the income threshold

▪️The innovation will not affect payments to participants of the special operation, as well as northern allowances

▪️Tax conditions are leveled for transactions with digital financial assets (CFAs), with transactions with securities — personal income tax rates are set no higher than 15%

The income limit will increase from 350 to 450 thousand rubles, before which standard personal income tax deductions can be applied. At the same time, tax deductions are doubled: for the second child — up to 2,800 rubles, for the third and each subsequent child — up to 6,000 rubles

KRISTALL ROSTA previously informed that according to its survey, more than 60% of respondents support the introduction of a progressive income tax scale in Russia

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