THE LAWS OF 2021: WHAT CHANGES WILL COME INTO FORCE ON JANUARY 1

With every new month and every new year, rulers of law and laws that change the lives of citizens and businesses appear in Russia. The most significant of them are collected in our selection.

Remote work will be regulated by the norms of the Labor Code of the Russian Federation

From the beginning of the year, changes regarding  out-of-the office work come into force. The rule of law will provide for several types of remote work, as well as directly regulate the labor process.  In particular, a system of calls and messages, to which the employee must answer at a certain time, will be introduced, as well as a certain phone number.

In addition, two new grounds for dismissal which affect the remote employees will be legally regulated: if the person does not get in touch within two working days or has moved to a place with poor communication.

Wealthy people will pay more

Starting from the new year, a progressive tax on personal income will be introduced in Russia.  Now 15% of personal income tax instead of 13% will be introduced for citizens whose annual income exceeds the limit of 5 million rubles (about 416 thousand rubles per month).  It is important that the increased personal income tax will have to be paid from the difference between the annual income limit and individual income; only regular payments (salaries and dividends) will be taken into account in the calculation.

New tax on deposits

In addition to the increased personal income tax, from the new year, the taxation on income from deposits will be introduced.  The size of the income tax will be 13%; it will be applied to depositors whose interests profit paid by the banks exceeds the amount of 42,500 rubles per year.  At the same time, in order to levy the tax, such an amount of interest should be accrued during 2021.  The number of deposits and the date of their opening do not matter.  The tax office will collect all the necessary information and send notifications to investors about the need to pay tax in the fall of 2022.

Social payments and benefits will be indexed and increased

This will affect both the minimum wage (in the new year its amount will be 12,792 rubles) and the subsistence minimum (from the new year - 11,653 rubles per capita).  In addition, it is planned to increase insurance pensions for non-working pensioners, indexation will be made at a rate of 6.3%.

The increase in social benefits will also affect families with children, for whom the amount of maternity capital will be raised.  For the first child, this amount will be 483,881.83 rubles, if the second is born - 155,550 rubles more will be paid.  At the same time, in a situation where a second child was born in the family, and the payment was not received for the first, the amount of funds for the second child will be 639,431 rubles 83 kopecks.

Women will be able to work in the area of "male" professions

Starting from the new year, the list of professions that the female will be able to master will be expanded.  These will include dump truck and wagon drivers, sailors and boatswains, as well as a number of occupations associated with hazardous working conditions, in particular in mines, mining and chemical production.