Starting from January 1, 2024, according to the new version of the Tax Code of the Russian Federation, the procedure for withholding and paying of personal income tax is changing.
From 01.01.2024, personal income tax must be paid to the budget as part of a Single Tax Payment in the following order:
- For the period from the 1st to the 22nd of the current month – no later than the 28th of the current month;
- For the period from the 23rd to the last day of the current month – no later than the 5th of the following month;
- For the period from December 23 to December 31 – no later than the last working day of the current year.
Also, from 01.01.2024, tax agents must submit a notification of the calculated personal income tax amounts twice a month:
- For the period from the 1st to the 22nd of the current month – no later than the 25th of the current month;
- For the period from the 23rd to the last day of the current month – no later than the 3rd day of the next month;
- For the period from December 23 to December 31 – no later than the last working day of the current year.
Marillion experts are ready to provide you prompt support on the matter. Please kindly contact us for more detailed clarifications regarding the up-to-date agenda.
