The volume of tax refunds for kids is increased in Russia

Since the beginning of the New Year the volume of tax refunds for kids is increased in Russia and now it is equal to 1400 rubles against former 1000. The matter is the non-taxable part of an average wage for the first and the second kid. The sum of the monthly standard tax refund for the third and the next kids, for disabled children at the age less than 18 and till the age of 24, if the disabled kid is a day-time student, remains the same – at the level of 3000 thousand rubles, the press-department of the Federal Tax Service in Republic of Bashkortostan reports.

The standard tax refund at the rate of 400 rubles for the worker itself is abolished since 2012.