Deposits from 1.6 million rubles are subject to taxation – Kommersant
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Deposits of Russians exceeding 1.6 million rubles. will be taxed on interest due to an increase in the key rate. The taxable amount for charging the fee will be 150 thousand rubles. at a rate of 15%, they calculated “News”.
According to calculations by Freedom Finance Global analyst Vladimir Chernov, the average return on deposits for 11 months of 2023 was about 9% per annum. Deposits below 1.665 million rubles. fall under a tax-free amount, the publication writes.
Payment of 13% of the Federal Tax Service for 2023 must be made before December 1, 2024, Izvestia clarifies. The law on income tax on interest income came into force in 2021, but in the previous two years, amid the crisis, the authorities exempted depositors from the tax.
The tax, as the publication writes, will affect less than 1% of citizens. The authorities expect to receive 101 billion rubles from it. in 2024, 104 billion rubles. in 2025 and 107 billion rubles. in 2026.
On October 27, the Central Bank of Russia raised the key rate for the fourth time in a row, to 15%. Following this, banks increased rates on loans and deposits.
More details in the text “Kommersant” “Autumn conscription rates”.
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