A bill to increase the tax deduction for the education of children was introduced to the State Duma
Published: November 23rd, 2017A bill has been submitted to the State Duma of the Russian Federation, according to which it is proposed to increase the social tax deduction for the children education from 50,000 to 100,000 rubles a year. The text of the document is placed in the electronic database of the lower house of parliament.
The authors of the project are MPs from the Communist Party - Ivan Melnikov, Valentin Shurchanov, Oleg Smolin and Nikolai Kolomeytsev.
Thus, it is proposed to amend the provision of the Tax Code (TC) of the Russian Federation, which establishes the size of the tax base of the parent taxpayers in calculating the social tax deduction for the education of children in full-time form in educational institutions in the off-budget sphere and increase it from 50,000 to 100,000 rubles.
As noted in the explanatory note, according to the current norm of the Tax Code of the Russian Federation (subparagraph 2, clause 1 of Article 219), when determining the size of the tax base, the parent has the right to receive a deduction in the amount paid by him in the tax period for the child's education in the amount actually incurred for this training, but not more than 50 thousand rubles a year. Thus, according to the deputies, at present the parent has the right to return from the federal budget as a social tax deduction no more than 6 thousand 500 rubles a year from the total amount paid by him, even if it far exceeds the established limit of the size of the tax base of 50 thousand rubles.
The authors of the document note that since 2007 the tax base used in calculating such a deduction for the education of a child who has the right to receive a parent remains unchanged. However, over the past 10 years, there have been significant changes. So, in particular, the real cost of education in educational institutions in the non-budgetary sphere is now 2-5 times higher than the established limit on the size of the tax base used in calculating the deduction.
Proceeding from this, the deputies consider it quite legitimate and justified to introduce corresponding changes in the Tax Code of the Russian Federation.