The Government of the Russian Federation in its Resolution approved new limits on insurance premiums for 2021. From January 1 next year, the following limits on insurance premiums will be applied: Type of insurance premiums Taxation base: salary from the beginning of the year 2020 Taxation base: salary from the beginning of the year 2021 […]
Read moreStarting from January 1, 2021, the Social Insurance Fund (SIF) will pay insurance benefits to employees directly. The Draft Law has been submitted to the State Duma for discussion. If the law is adopted by the State Duma in the final reading and signed by the Head of state, these amendments will take effect at […]
Read moreThe State Duma of the Russian Federation, in the first reading, approved a new amount and procedure for calculating the subsistence minimum and minimum salary (minimum living wage) in 2021. According to the new methodology, starting from January 1, 2021, the federal minimum living wage will increase by 5.5% and will be 12,792 rubles. If […]
Read moreThe President of the Russian Federation signed a Law according to which the income of individuals exceeding 5,000,000 rubles will be subject to personal income tax at the rate of 15%. According to the data of the document, from January 1, 2021, the amount of personal income tax will need to be calculated according to […]
Read moreThe President of the Russian Federation signed a Law providing for the transition to monthly entry of information in the Unified register of small and medium-sized business entities (SMEs) from November 7, 2020. Currently, the Register is updated annually on August 10, based on information available to the Federal Tax Service (FTS) as of July […]
Read moreThe Government of St. Petersburg has established for employers the obligation to transfer employees to remote working mode. These measures are being introduced owing to the spread of coronavirus infection.
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