The unified social tax is replaced by insurance payments

Galya Nabieva

In 2010 the unified social tax is replaced by the insurance payments to the Russian Pension Fund, Russian Social Insurance Fund and to the Obligatory Medical Insurance Fund. At that the function of payment administration to the Russian Pension Fund and the Obligatory Medical Insurance Fund will be transferred from the tax bodies to the Pension Fund.

The Bashkir division of the Russian Pension Fund reports this novelty will concern the employers first of all.

In 2010 the rates of insurance payments will stay at the same level: 20% to the Russian Pension Fund, 2,9% - to the Russian Social Insurance Fund and 3,1% - to the Obligatory Medical Insurance Fund. The rates will be increased beginning from 2011: the employers will pay 34% from the labor compensation fund: 26% will be transferred to the Russian Pension Fund, 2,9% - to the Social Insurance Fund and 5,1% to the Obligatory Medical Insurance Fund.

The insurance fees will be paid from the salaries, which annual amount doesn’t exceed 415 thousand rubles. According to information of the Russian Pension Fund 97% of all active population of Russia have this very level of incomes. The earnings over this sum won’t be subjected to social payments. The amount of the maximal annual wage is planned to be indexed annually in accordance with the growth of the average wage.

#taxes #insurance payments

Join us for more and faster updates on our social media.:

Rubrics

Телефон

Office: +7(347) 250-05-07 Advertising office: +7(347) 250-11-11 Editors office: +7(347) 250-07-28 Cooperation: +7(347) 250-06-14

Эл. почта

inf@bashinform.ru

Адрес

450077, Ufa, Kirov street, 45

© 1992-2026 Bashinform News Agency JSC. Mass Media Registration Certificate No. TU 02-01609 dated September 25, 2017, issued by the Office of the Federal Service for Supervision of Communications, Information Technology and Mass Media for the Republic of Bashkortostan.

All information and content posted on the website www.bashinform.ru are protected by international and Russian copyright and related rights legislation. All reports by the Bashinform News Agency are intended for users over 18 years of age.

When reprinting or quoting, a reference to Bashinform News Agency is mandatory. For online publications and social media, a direct active hyperlink is required. Using the Bashinform News Agency logo for purposes not related to the agency when reprinting or quoting is permitted only with the written permission of JSC Bashinform News Agency.