Russia Tax Tables 2024 - Tax Rates and Thresholds in Russia

This page contains the tax table information used for the calculation of tax and payroll deductions in Russia in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ RU, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Russia or would like to add to or suggest amendments to the information herein then please contact us.

Russia Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in Russia are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Russia Tax Calculator 2024.

Russia Social Security and Payroll Deduction Rates in 2024

In Russia, the social security system is designed to provide comprehensive coverage to employees, covering areas such as pension, healthcare, unemployment insurance, and work-related injury insurance. Contributions to this system are made by both employers and employees, with the aim of ensuring a safety net for the workforce and their dependents.

Pension Contributions: These contributions fund the state pension system, providing retirement benefits to individuals who have reached the retirement age. This ensures financial support for retirees, contributing to their well-being and stability in later life.

Healthcare Contributions: Allocated towards the state healthcare system, these contributions ensure that employees have access to medical services. This includes preventive care, treatment of illnesses, hospitalization, and maternity care, promoting the overall health of the population.

Social Insurance Contributions: This includes a range of benefits such as temporary disability benefits, maternity benefits, and unemployment benefits. Social insurance contributions help support individuals during periods of work incapacity or job loss, providing financial stability.

Work-Related Injury Insurance Contributions: Specifically aimed at covering injuries or illnesses acquired in the workplace, these contributions fund compensation, rehabilitation services, and financial support for affected employees, ensuring protection against work-related risks.

Employers contribute to these social security programs, with contributions calculated as a percentage of the employee's salary. The rates and specific allocations for each program are determined by Russian law, reflecting the government's commitment to social welfare and economic stability.

The administration of the social security system in Russia is overseen by various government agencies, ensuring efficient collection of contributions and distribution of benefits. Efforts to reform and enhance the system are ongoing, aiming to improve coverage, efficiency, and sustainability.

For employers operating in Russia, understanding the requirements for social security and payroll deductions is essential for compliance and for providing appropriate support to their employees. For employees, awareness of their contributions and entitlements under the social security system is crucial for making informed decisions about their work and retirement planning.

The social security system in Russia reflects the country's commitment to supporting its workforce, promoting public health, and ensuring economic stability for retired individuals. As the Russian economy continues to evolve, the role of social security contributions in fostering a resilient and inclusive society remains paramount.

Russia VAT Rates in 2024

VAT rates for Russia are reviewed annually, you can use the VAT Calculator to calculate VAT due in Russia or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Historic Tax Tables supported for Russia

The following tax tables are supported by iCalculator™ RU as part of the suite of free tax tools we provide for Russia.