Bellerage

Central Bank of the Russian Federation returned the key interest rate to the level of 7.5%

Central Bank of the Russian Federation returned the key interest rate to the level of 7.5%

On September 17, 2018 the Central Bank of the Russian Federation raised the key interest rate to 7.5% per annum.

This change must be taken into account in the following cases:

●  calculating payments to employees (compensation for salary delay, etc.)

●  for tax purposes (calculation of personal income tax from material benefit on a loan)

●  budget calculations (when determining the amount of penalties)

●  other cases