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The threshold for insurance contributions has been set for 2019

The threshold for insurance contributions has been set for 2019

LEGAL DIGEST \ 20.12.2018

The Russian Government has set thresholds for insurance contributions for 2019.

The following thresholds will come into effect starting from 1 January 2019:

  • RUB 865,000 for social insurance contributions;
  • RUB 1,150,000 for pension contributions.

The 2018 thresholds for insurance contributions were RUB 815,000 and RUB 1,021,000, respectively.

Acsour is ready to advise you on how tax legislation should be applied.

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