According to the Federal Tax Service, the amount of non-taxable minimum income in the form of interest on deposits for 2024 will be 210 thousand rubles.
The tax-free amount was finally fixed on December 1.
The formula for calculating it takes into account the size of the key rate at the beginning of the month of the corresponding tax period, the Federal Tax Service reported in a conversation with RBC .
Currently, as we know, it has reached its highest rate in history - 21%.
The non-taxable minimum amount of 210 thousand rubles will be taken into account in 2025 when determining the tax on income from deposits for 2024.
A tax on income from deposits of Russians appeared in the country in 2021.
Over the next two years, citizens were exempted from paying it. The first payments to the budget were received this year based on the results of 2023, taking into account the minimum of 150 thousand rubles.
According to the Ministry of Finance, tax must be paid on income from the amount received from investing 1 million rubles in a bank for one year at a certain interest rate, taking into account the key rate.
This year, incomes above 210 thousand rubles are subject to taxation.
