Perhaps soon the size of the tax deduction for children will increase. The government has already supported the appropriate draft law. Many worry that parents will benefit from this law?
The bill provides for an increase in tax deductions for those citizens who have children in care. The law will also affect the category of persons who adopt or adopt children who do not have parental support. The Ministry of Finance of the Russian Federation has received a proposal to make a number of necessary changes to Article 218 of the Tax Code.
According to the new document, an increase in the tax deduction for parents for each month will be:
– 2000 rubles – for the child of the second (increase by six hundred rubles);
– 4000 rubles – for the third and each next child (increase by 1000 rubles);
– 12,000 rubles-for a disabled child (the increase amounted to 10,000 rubles).
It is worth noting that the amount of the standard tax deduction provided for families with one child has not changed and is still at the mark of one thousand four hundred rubles.
The law does not apply to foster families. Following paragraph two articles thousands of five hundred and thirty -first and paragraph three articles one hundred and forty -eighth Family Code of the Russian Federation, to provide children who are under trusteeship or guardianship, as well as children living in a foster family, make monthly payments in accordance with legal norms, stipulated in the constituent entities of the Russian Federation. Moreover, the law does not establish the procedure and amount of monthly payments on adopted (adopted) children. For this reason, tax deductions for trustees, foster parents and guardians will not increase, this was reported in the explanatory note.
The proposed law will allow parents to save on taxes. For a family where there are two children, the savings will be seventy -eight rubles a month, if there are three children, then it will be equal to one hundred and thirty rubles. Families in which there are children with disabilities, about one thousand hundred and seventy rubles a month will be able to save the most funds in which there are children.
In addition to increasing tax deductions, the law also contains a proposal to increase the maximum income of the tax payer. Today this amount is within two hundred eighty thousand rubles.
Taking into account the growth rate of average monthly wages, and taking into account the purpose of receiving this deduction by the tax payer, it is proposed to raise the amount of maximum income to three hundred and fifty thousand rubles.