Employers may have difficulties with the procedure for applying a warning and a reprimand. The fact is that neither the substance of these nor the cases in which they are applied are determined by the Labour Code in any way. Acsour’s Internal Auditor, Ekaterina Lutenko explained the difference between these corrective actions. WARNING A warning […]
Read moreBoth employees and employers know that the latter can apply measures of disciplinary punishment to the former. But how many such measures are there and how do they differ from each other? Acsour’s Internal Auditor, Ekaterina Lutenko, spoke to “Raschet” magazine about the types of punishments. Compliance with labour discipline is the key to effective […]
Read moreFederal Law No. 219-FZ dated June 28, 2021 obliged employers to post vacancies on the “Employment in Russia” website. The requirement will be in effect starting from 2022. Anna Astafieva, Acsour’s Senior Accountant, spoke to “Racshet” magazine about who is subject to the statutory requirement. The state services sector is increasingly adapting to the digital […]
Read more“Forewarned is forearmed!” says the well-known proverb. Knowing the reasons for the inspectorate to block an account can help prevent such a situation from occurring. Anna Astafieva, Acsour’s Senior Accountant, spoke about the grounds for blocking an account and the terms on which the company will regain the right to dispose of its funds for […]
Read moreTYPES OF A PAYROLL SYSTEM There are several payroll systems that can be applied within the scope of a single company or be combined. The most common systems are: time-based; and piece-rate. The choice of the payroll system depends on the company’s line of business. A time-based payroll system Employees are paid for the time […]
Read morePersonal income tax is one of the principal direct taxes. Two groups of individuals are payers of the tax: tax residents of the Russian Federation who are individuals actually spending in Russia at least 183 calendar days during a year throughout 12 subsequent months; foreign nationals who are individuals who are not tax residents of […]
Read moreThe Russian tax system covers the aggregate of all taxes and levies adopted in Russia as well as the administrators (state authorities) and payers of taxes and levies. The Russian tax system includes: all taxes, insurance contributions and levies adopted under the Russian Tax Code (the “Tax Code”); persons who are subject to taxes and […]
Read moreBanks have the right to request documents from a company to check its sources of profit. The corresponding right is granted to credit institutions by the legislation. Anna Rybakova, Acsour’s Treasury Group Manager, has outlined for “Raschet” magazine what documents the bank can request, during what timeframe they need to be submitted, and what will […]
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