The deduction is returned if the performer incurred expenses when performing the service. For example, a taxi driver spends his money on gasoline and car maintenance. If he can provide receipts to confirm the expenses, he will receive the money back. Only those who pay personal income tax have the right to a deduction. A common situation is when an individual entrepreneur on the simplified tax system comes to the Federal Tax Service for a social deduction, but cannot receive it.
Evgeniya Lonskaya Financial expert "Fintablo" How an employer should withhold and pay personal income tax To determine how much to withhold, you need to know the tax base and deductions that sweden telegram mobile phone number list the employee is entitled to. The tax base is all taxable earnings: salaries, bonuses, and remuneration under a civil-law contract. The calculation of personal income tax is carried out as follows: first, standard and social deductions are subtracted from the income, then property deductions.
After that, the remainder is multiplied by 13 or 15%. . For example, an employee earns 70,000 ₽ per month. He has a deduction for a child of 1,400 ₽. For January, it is necessary to withhold: (70,000 − 1,400) × 13% = 8,918 ₽. In May, the employee's total income since the beginning of the year will reach 350,000 ₽, and from June, he is no longer entitled to a deduction for a child.