Overview
- Parents contributing to long‑term savings for children can now claim up to 500,000 rubles each per year, raising the family maximum to 1 million rubles for beneficiaries under 18 or 24 for full‑time students.
- Employer co‑financing of workers’ long‑term savings becomes deductible for profit tax up to 12% of each employee’s pay and is exempt from social insurance contributions.
- Payouts under the long‑term savings program will be taxed at 13% or 15% depending on the tax base, aligning treatment with pension, life‑insurance and investment products, with higher progressive rates not applied.
- Tax incentives extend to life‑insurance contributions, with potential NDFL exemption on amounts above paid premiums up to 30 million rubles per contract under set conditions, while transitional rules preserve favorable treatment for certain pre‑2025 policies.
- Most provisions take effect upon official publication, while the VAT exemption for interest on precious‑metal deposits begins one month after publication but not before the start of the next VAT period.