“We have already automated investment and property deductions. We ourselves receive transaction data from banks and pre-fill data for taxpayers. The second task is to speed up the process as much as possible through automation. Now we go further – a law has been adopted that concerns social deductions. During 2024, we will pilot and test the information system and communication channels with sources of data on treatment, training, fitness, and so on,” Egorov said.
According to the head of the Federal Tax Service, the agency will begin providing social deductions in a simplified manner from 2025.
Egorov also noted that for personal income tax the terms for returning money have already been reduced, and for VAT more than 80% are returned within a month.
The government proposed to simplify receiving social tax deductions without having to fill out a tax return in December 2014. The corresponding changes to the Tax Code came into force in 2015, and in 2022, deductions for sports and recreational services were added to those already available at that time. To process them, you need to confirm receipt of services using documents confirming expenses: copies of contracts and cash receipts for payment for services. The Federal Tax Service hopes to free citizens from this need.
In February of this year, Vladimir Putin announced the need to increase social tax deductions (until that time the upper limit was limited to 120 thousand rubles per calendar year) during his address to the Federal Assembly. The head of state then emphasized that it is necessary not only to increase the amount of the deduction, but also to increase its demand, so that the deduction is provided in a “proactive mode, quickly and remotely, without being burdensome for citizens.”
In April, the corresponding law was adopted State Duma. The discussion was about increasing the size of social tax deductions for expenses on education, treatment and the purchase of medicines (with an upper limit of 150 thousand rubles).