Income of an individual taxed. Every citizen knows this.However, not everyone is aware that part of the funds can be returned back, and also not everything is subject to taxation. What amount is not taxed? In each case, different numbers are taken. It all depends on what operation the citizen performed, as well as how much. However, traditionally income is taxed at a rate of thirteen percent. But you can get and benefits, which will be useful to know everyone.
Revenues. What can be taxed
Income of an individual is, in a broad sense.words, money or other material values, minus expenses incurred by a citizen. There is such a thing as income tax. This is a certain amount of deduction that a citizen pays to the state.
The following types can be attributed to taxable income:
- Proceeds from the sale of any property that has been owned by a citizen for less than three years.
- Incomes at the main place of work and from work on combination and part-time.
- From renting your property to other persons.
- Wins of all kinds, including lottery.
- Other incomes of a citizen of the country.
Revenues that are not taxable
The list of incomes from which a citizen does not pay taxes include:
- Proceeds from the sale of property that has been in use for more than three years.
- Income received by right of inheritance.
- Income from property, which was issued as a gift from someone from family members.
Tax rates: from thirteen to thirty five
The tax on the amount is paid as a percentage. For each of the activities has its own rate. It is calculated directly for the amount of tax.
Thus, the most common rate of thirteen percent applies to the following types of income:
- Wages and other charges related to the labor activity of an individual.
- Revenues from the sale of various types of property.
The rate of fifteen percent is used to withhold taxes from income received from dividends of an organization located in Russia.
Tax rate of thirty percentit is used for labor or other income-generating activities in relation to non-residents of the country. The maximum rate of 35 percent applies in cases where the citizen received a prize.
Wage. How is taxed?
Everyone knows that the income derived from work, is supposed to pay taxes. What is the salary amount not taxed? There may be several options:
- Getting material assistance.
- The presence of tax deductions.
- Compensation payments.
In all of the above cases, the employee has the right to save a certain amount, with which the tax is not taken.
In other cases, the employee’s salary is subject to tax at a rate of thirteen percent.
Material aid. Do you take taxes
Материальная помощь, как уже говорилось выше, paid in full, without any deduction in favor of the state. What amount per year is not taxed? Financial assistance is not taxed until its accruing total for the year reaches four thousand rubles. This is described in the Tax Code. This includes payments that the company makes according to the collective agreement or other internal documents of the employer.
That is, if the employee received materialassistance in the amount of five thousand rubles, he must pay only 130 rubles, that is, the tax is taken only from one thousand. In a situation where an employee received other material assistance during the year, for example, a total of thousands of rubles, and then he was issued another four, in that case one out of four thousand would also be taxed.
However, it is worth noting that some materialassistance is not taxed at all, for example, on the funeral of an employee. The same is with the amount that is issued for the birth of a child. What amount is not taxed in this case? Not less than fifty thousand rubles, but per one child. That is, amounts issued to both parents are taken into account.
Tax deductions for children and for themselves
There is such a thing as tax deductions.What amount is not taxed? Children have their own deductions. Depending on how the child is in the account, his parent brings up one, whether he has a disability, and the amount may vary. In the general case, the first child up to eighteen years old, brought up in a full family, saves the parent 182 rubles a month, which helps to get about two thousand a year “on hands”. To obtain a deduction, you must provide a number of documents to the accounting department, for example, a birth certificate of a child.
However, there are limits.So, the income on an accrual basis for the year should not exceed 350 thousand rubles. So, if a parent receives thirty-five thousand, by the tenth month he will lose the right to this benefit.
Налоговые вычеты на сотрудника встречаются реже.They can be used by participants in hostilities, as well as disabled persons of the first and second groups. For example, the latter have the right to a deduction in the amount of five hundred rubles. This means that they save 65 rubles a month. The amount is not large enough, but in general it also helps to save money.
Compensation payments
What amount is not subject to income tax inemployee charges? This may include compensation payments. For example, if an employee underwent a medical examination, as he was doing a harmful production, the amount is returned to him completely, excluding taxes.
The same applies to payments related tomotherhood. A woman receives her maternity allowance, a lump sum allowance, as well as so-called “vacation pay” when applying for her own childcare leave. Deductions to the tax service with these amounts are not made.
The situation is similar with employee reduction payments. Compensation for several months when the employee is at the labor exchange is not taxed.
Buying and selling cars. Subtleties
What amount is not taxed at workactivities, of course. However, sometimes a citizen has the opportunity to purchase or sell property, for example, a car. Here there are some nuances associated with the tax service.
For example, the buyer of the car does not receive anyprofit, on the contrary, he spends his money. In this case, he does not have to pay any taxes for the purchase. However, if a used car is used, then both parties to the transaction must pay transport tax. After a year, each party must pay the amount for the period during which she owned the car.
The seller of the vehicle in turngets income. Therefore, it is necessary for it to file a declaration no later than the thirtieth of April of the year following the year of the transaction. The rate in this case is used, as well as on income from labor activity, that is, in the amount of thirteen percent.
How much is taxed on salecar? Indeed, there are subtleties that help save on the sale of the vehicle. So, are not taxed transactions with the car, the cost of which is less than 250 thousand rubles. In the case when the car is more expensive, the amount of funds is deducted from the amount, and the tax is removed from the balance.
As mentioned above, not subject to taxtaxed vehicle that has been in use for more than three years. The same applies to the car, which is sold at a loss, that is, was bought for an amount greater than that received at the sale. In principle, it becomes clear what amount when selling a car is not taxed. In the general case - 250 thousand.
Buying and selling real estate
What amount is not taxed when buying or selling an apartment? It all depends on who the citizen is, the buyer or the seller.
При продаже квартиры, которая находилась во possession of more than three years, you should contact the tax authorities with a statement. This will help avoid paying taxes at all for the seller. What amount is not taxable when sold otherwise? Tax is levied on an amount that exceeds one million rubles.
The buyer of the same property has the full right toreceipt of a tax deduction from the amount of two million rubles. To do this, he also needs to contact the tax office. After submitting the declaration, he can choose two options: receive the amount directly from the tax or reduce his taxes at the main place of work. However, the amount of return for the year may not exceed the amount of tax paid at the main place of work. That is, if a citizen pays taxes for the year in the amount of ten thousand rubles, then only this amount will be returned to him.
Knowledge of tax rules helps save moneyfacilities. That is why it is best for a citizen to contact the Tax Code before buying or selling. The employee must also be aware of his rights, demanding that the employer exercise them. To do this, you need to familiarize yourself with the possibility of obtaining tax deductions, as well as provide all documents to the accounting department. The employee can also independently calculate whether the tax is calculated correctly.
