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    Income from personal income tax to the budgets of the regions began to recover

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    After a decrease in the first quarter, revenues to regional budgets from personal income tax (PIT) began to recover, positive dynamics was confirmed to Izvestia in 15 regions of the Russian Federation.Expenditure investments: in 2022, the surplus of regional budgets decreased by 13 times To what extent the expenses of subjects grow faster than income and what risks does this entail

    For example, growth in January-May was recorded in the Volgograd Region (by 8.4%), Perm Krai (by 4.9%), Khanty-Mansiysk Okrug (by 7.7%), Arkhangelsk and Kaluga regions (4.2% and 3% respectively), there was an increase of 11.9% in the Kostroma region, in the Tula — by 7.3%, Voronezh – by 3.5%, and in the Crimea – by 2.7%.

    In some regions, the decline continues. According to the results of five months, personal income tax receipts to the consolidated budget of the Kaliningrad region turned out to be lower by 2.1 million rubles, they also decreased in the Chelyabinsk and Orenburg regions.

    The temporary decrease in revenues is associated both with factors changing the procedure and timing of tax crediting to budgets, and in connection with the formation of unified tax accounts for organizations and individual entrepreneurs, the Federal Tax Service explained to Izvestia. Based on the results of five months, the department records an increase in revenues to the budgets of the regions compared to the same period last year.

    In May, a law was adopted on the priority transfer of personal income tax to the budgets under the single tax account (UST) mechanism.

    Personal income tax is one of the main sources of tax revenues for the regions, said Olga Belenkaya, Head of the Macroeconomic Analysis Department of FG Finam. The problem has been growing for several months, but after the signing of the law, it can be expected that fees will only increase against the backdrop of low unemployment and rising wages in the country, she admitted.

    Read more in the exclusive material of Izvestia: Rubles have arrived: income from personal income tax to the budgets of the regions is being restoredShare:

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