In the Ministry consider it advisable to discuss the return to unified social tax (UST). This was announced on Monday, March 21,”Interfax”. According to the Deputy Minister Stanislav Voskresensky, UST was more understandable for the state and for taxpayers compared with the current system of social insurance fees.
Previously on 21 March, “Kommersant” reported that the Ministry of Finance proposed the government to incorporate insurance premiums into the Tax code and to transfer responsibility for collection of the Federal tax service. For the entire population will be set uniform tariffs and uniform procedure for splitting the payment between extra-budgetary funds.
Most of the benefits and also the ceiling, which is charged fare will be cancelled, and the remaining exemptions will be unified at the rate of 10 percent. Revenue management will be the responsibility of the Ministry of Finance, and the regulation of expenditure at the Ministry of labour. According to the Finance Ministry, the Association of insurance payments even while reducing the total rate to 27 percent instead of the current 30 per cent would increase fees by 60 billion rubles by eliminating exemptions and improving administration.
The instruction on the transfer of fees from off-budget funds to tax service was given to the government by President Vladimir Putin in February. It is believed that the distribution of the tax regulation for such fees will improve the control over movement of funds and enable the recovery on an uncontested basis.
Unified social tax act in Russia up to 2010. Then it was decided to split it into three fee — pension, medical and social. Contributions the employer from the salary Fund. In 2016, the contribution to the Pension Fund is 22 percent, in Fund of obligatory medical insurance — 5,1%, the social insurance Fund — 2,9 percent (30%).
