Retirees told whether being self-employed is profitable 06:31

The most important advantage that retirees get from self-employment is that the tax authorities do not equate them with working citizens. So the person can continue to earn money, pay 4-6% tax and receive a pension. Senator Olga Epifanova, Arbitration Director of the Ministry of Justice of the Russian Federation, told socialbites.ca.

“Part of the transferred professional income tax is automatically deducted for the health insurance of self-employed people, this is the second plus. The third advantage is that there is no need to purchase a cash register, pay for its maintenance and transmit data to the tax office. A self-employed retiree will not be required to file any reports. “The fourth plus is that a special deduction will be applied until the tax amount exceeds 10 thousand rubles,” he said.

According to him, self-employed retirees are treated like non-working citizens, so the time they are self-employed is not included in the pension. Epifanova reminded that the pension will increase only if the person pays contributions to the Social Fund. True, in this case, the retiree will already be considered working, so pension payments will not be indexed to the subsistence level.

The experience of implementing the self-employment regime in Russia will last until the end of 2028, unless extended by a special government decree.

Russians before in the name Fair frequency of pension indexation.

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Source: Gazeta

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