tax on personal income implies payroll deduction small percentage.This kind of brings the highest profit tax the country's budget, and therefore helps in the development of the economy in general.It presupposes the existence of the object and the subject of taxation.
An object is defined actually receives income citizens.The subject of taxation involves working individual who is a citizen of both this and other countries, as well as a stateless person.The income is recognized as the annual profit a man, and records are maintained in cash and in kind from all sources, that is, in every workplace.If we talk about non-residents, when calculating their income covers only sources located on the territory of the country.
in total income includes not only wages but also rent payments, profits from the sales of real estate, non-issuance of pension funds.In addition to the monetary form it takes account and wealth.For those accepted to payment of utility bills, magazine subscriptions, payment of public transport ticket and receive a significant discount on tickets to the sanatorium-and-spa institution.All of this is provided by the employer and requires a write-off of a small percentage of the fund of the state, so the accrued tax on income of individuals.
Sometimes the employer offers an employee purchase scarce or expensive goods at a price significantly below the market average.In this case, the difference is charged to profit and is also subject to taxation.In the presence of a legal entity temporary financial difficulties wages may be made in kind.Taxes on personal income and take into account this situation.
income tax in Russia itself pays the employer by charging the required amount of staff salaries.The taxpayer shall pay the tax on their own individual income accrued on the following types of income:
- on the amount of funds received after realization of personal property both movable and immovable.Subject to the availability of ownership of the object of taxation for at least three years.
- on wages if the employer for objective reasons not made contributions to the budget and extrabudgetary funds.In practice, the tax is called tax agents.
- on regular dividends on the shares, bonds or other financial instruments, as well as the rent received from the rental of real estate.
But most state agencies receive profit due to tax employers enumerated.The income tax is on average 15% of the monthly salary.
Just like any rule presupposes exclusion, and in the tax system, there are benefits that are available in specific cases or under certain conditions.Thus, the benefits are entered on the taxation of income of persons injured or disabled while participating in hostilities.If a minor child is paid training, the benefits are provided in the cost of education.The same benefits are available for treatment in the amount of around 25 thousand rubles.Taxation can not be the sum intended for the needy, that is, enumerated the purpose of charity.
tax on personal income does not include the number of facilities subject to taxation, the amount of funds provided by public bodies such as insurance coverage or social assistance.The tax rate is differentiated according to the type of profit.
