Accounting financial accounting. Mandatory payroll deductions (most important)

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Accounting financial accounting. Mandatory payroll deductions (most important)

Lecture notes, cheat sheets

Directory / Lecture notes, cheat sheets

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61. MANDATORY PAYROLL DETENTIONS

Deductions from an employee's wages are:

▪ mandatory;

▪ to compensate for material damage caused to the employer;

▪ for the purpose of repaying debts to the employer by the employee;

▪ at the request of the employee or in connection with his borrowed obligations (receiving a loan, purchasing goods on credit, etc.).

The total amount of all deductions for each payment of wages usually cannot exceed 20% of the amount due to the employee, and in cases provided for by federal laws - 50%; when serving correctional labor, collecting alimony for minor children, compensating for harm to persons who have suffered damage - no more than 70%.

К compulsory include deductions on writ of execution and personal income tax.

Performance list - This is a document issued by the court, which determines the reason, procedure and amount of deductions from the employee. The procedure for withholding, in accordance with executive documents, from the wages of employees of alimony for minor children is determined by the Family Code of the Russian Federation. At the same time, the parties have the right to independently determine the amount, form and other conditions for the provision of funds, without violating the interests of the child in comparison with the guarantees provided by law.

Individuals who are tax residents of Russia, as well as receive income from sources in Russia and are not tax residents of Russia, are recognized as payers personal income tax, the calculation and payment of which are carried out in accordance with Chapter 23 of the Tax Code of the Russian Federation. In this case, the object of taxation is recognized income, received by taxpayers from sources:

▪ in Russia and abroad - for individuals who are tax residents;

▪ in Russia - for individuals who are not tax residents of the Russian Federation.

The tax base for income in kind is calculated on the basis of prices determined in the manner prescribed by Art. 40 of the Tax Code of the Russian Federation. The cost of goods, works, services includes the corresponding amounts of value added tax, excises and sales tax. The amount of tax on wages in kind is withheld by the tax agent from any cash paid to employees and cannot exceed 50% of the amount of the payment. The amount of tax on income received in kind is transferred to the budget no later than the day following the day of actual withholding of the calculated amount of tax.

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