Today we will find out how much personal income tax is in 2016. In addition, we will learn how to calculate it correctly. And, of course, we will study everything that can concern this contribution to the treasury of the state. It should be noted right away: the payment described by us in this article applies to almost all citizens. So, everyone should know about it. What is it? And what is the procedure for paying thereof?
Definition
So, personal income tax: what is it? This abbreviation is deciphered as follows: personal income tax. That is, it is directly related to citizens. If you look at the definition of the term, you can notice that we are dealing with the so-called income contribution. Sometimes it is also called income tax.
Pay personal income tax, as already mentioned, almost all citizens. More precisely, taxpayers who have income. Not in all cases, but most often it turns out that way. Some profits are not taxed. What do you need to pay for, and when can you evade such a payment?
Pay or not?
"How much personal income tax is in Russia for 2016?" - not the most important question. Before this, you need to understand what kind of income is taxed by this payment. Maybe you should not deposit money into the treasury of the state.
To begin with, that any income of an individual must be declared. Moreover, it is taxed. In this case, income. But there are some exceptions. For example, citizens who have received a sum of money or real estate from close relatives do not pay taxes. Also, transactions with property that the previous owner had disposed of for at least 3 years are exempted from payment. The inheritance received from close relatives (in practice this is how it turns out) is again not subject to any contributions to the state treasury.
It's all. Payment of personal income tax occurs in all other cases. If you rent an apartment or real estate, sell property that has been owned for less than 3 years, and also just get wages, you will have to give a certain percentage of the profit.
Deductions
PITs have deductions. This is a kind of reduction in the tax base for certain cases, which leads to a decrease in the amount of the contribution. There are many standard deductions. Usually it is customary to mean by them those or other expenses that you will make when you make a profit. For example, you can simply make a tax deduction if you had any expenses for the sale of the property. In this case, the income received will decrease by the indicated amount. The main thing is that you have proof of spending.
Most often, for personal income tax deductions are assigned in respect of wages. A common form is for keeping children. So, if you have minor children, then you can reduce the tax base. Not too much, but still. For the first two children, 1,400 rubles are deducted from income, 3,000 for the third and subsequent, and 3,000 for disabled people. It is very useful to make deductions if you look closely at this idea. Moreover, you will not have any extra paperwork. It is enough to provide evidence for deductions. There are no problems with this.
How much to pay?
How much is personal income tax? This question excites all citizens. Indeed, it is always important to know what percentage of the income you will have to give to the state. Especially when it comes to regular and mandatory payments.
Answer definitely will not work. After all, such a process has its own characteristics. Nevertheless, it is generally accepted that individuals pay 13% of their profits in the form of tax. But the direct amount may vary in one case or another. Nothing difficult, right? It turns out that no matter how much income you receive, it is necessary to subtract 13% from it. When it comes to treasures and wins, this indicator increases almost 3 times - up to 35%. Not the most common occurrence.
For non-residents
Not only citizens of the Russian Federation pay income taxes. They are taxed by all people who make a profit in the country. So, non-residents too. These are citizens who are in Russia per year for less than 183 days. How much personal income tax for them will be? No need to rely on the required 13% for residents of Russia. With foreigners, a slightly different picture is obtained. They pay 30% of profit to the state treasury. With a large income, quite large payments are received. Even with all deductions, if any.
Now it’s clear how much personal income tax is in one case or another. Remember, the standard rate is 13%, for non-residents - 30. There is nothing particularly difficult about this. How is the amount payable calculated?
Calculations
Everything is simple. There is a certain formula that you need to adhere to. The amount of personal income tax, as we have found, varies. Depending on the so-called tax base. If you multiply it by the tax rate (13 or 30 percent, respectively), you get a figure reflecting the debt to the state. The tax base is calculated simply. If you have no expenses and deductions, then the full amount of the income received is simply taken. It is multiplied by the bet. When deductions are made or you had expenses, expenses are taken away from income. And the numbers already received will be considered the base.
For example: a citizen receives 15,000 per month in the form of wages, he has 1 minor child. The base will be as follows: 15,000-1,400 = 13,600 . And income tax will be: 13,600 * 13% = 1768. Nothing difficult, right? If our citizen does not have children, then he will have to give 15,000 * 13% = 1,950 rubles a month in the form of personal income tax. That's how simple it really is.
Report Order
The personal income tax declaration is a kind of report to the tax authorities. And every citizen must declare his income without fail. Even if it is not taxed. This document must be submitted before April 30 of each year. Around the same time, you need to close all debts and pay taxes. This practice is common in Russia. Payments made before April 30 are considered advance payments. In general, you can defer payment until July 15. The reporting periods for personal income tax may be different. In practice, citizens simply make monthly payments. Approximately the 25th day of each month. Received a salary - repaid a debt, earned a profit - reported to the state and made the due payment. This will save you trouble.
By the way, the personal income tax declaration is filled out either manually or with the help of specialized programs. The most commonly used forms are 2-NDFL and 3-NDFL. To fill out you will need income information, TIN, your passport details, as well as proof of deductions / expenses. If we are talking about transactions with property, you will also need to stock up with documents on the right to a particular property. Then simply fill in the lines in the declaration (they are all signed, usually there are no difficulties) and sign it. You can submit a document to the tax authorities. Do not forget to attach copies of proof of deductions, as well as property rights and expenses.
Summary
Today we found out how much personal income tax is for 2016. As you can see, this payment is not at all as dangerous as it seems at first glance. In some cases, it is possible to evade it legally. Moreover, not the largest amount payable per month comes out. Try not to hide the money received. After all, if the income is not declared, you can incur trouble. First comes an oral warning asking you to rectify the situation, and then you can even be prosecuted. Plus, in case of late tax payments, a penalty appears. She will also have to pay in excess of 13% on personal income tax.