Starting in 2025, a progressive personal income tax scale with a maximum rate of 22% will take effect.

President of the Russian Federation Vladimir Putin has signed a law introducing changes to the tax system. The key innovation is a five-tier progressive personal income tax scale with a maximum rate of 22%. Starting in 2025, the following tax rates will apply based on annual income: 13% for income up to 2.4 million rubles per year (equivalent to an average of up to 200,000 rubles per month). 15% for the portion of income above 2.4 million rubles and up to 5 million rubles per year (averaging above 200,000 rubles and up to 416,700 rubles per month). 18% for the portion of income above 5 million rubles and up to 20 million rubles per year (averaging above 416,700 rubles and up to 1.67 million rubles per month). 20% for the portion of income above 20 million rubles and up to 50 million rubles per year (averaging above 1.67 million rubles and up to 4.17 million rubles per month). 22% for the portion of income exceeding 50 million rubles per year (above 4.17 million rubles per month). It is important to note that the higher tax rate applies only to the portion of income exceeding each threshold, rather than the entire income. For example, if an individual earns 6 million rubles per year (or 500,000 rubles per month), the tax rates will be applied as follows: From January to April, when the annual income reaches 2.4 million rubles, the tax rate is 13%. From May to October, when the income reaches 5 million rubles, the rate increases to 15%. From November to December, when the income falls within the 5–20 million ruble range, the rate is 18%. The tax rate for self-employed individuals will remain unchanged at 4% for income from individuals (without sole proprietorship status) and 6% for income from businesses and individual entrepreneurs, with an annual limit of 2.4 million rubles. Until the end of 2024, Russia will continue to use a two-tier personal income tax scale: 13% for income up to 5 million rubles per year and 15% for any amount exceeding that threshold.