The State Duma reported on the new system of tax deductions in 2025

Citizens who pay higher rates on personal income tax and buy real estate in mortgage, will be able to get a tax deduction of up to 1.1 million rubles from 2025. This was reported to "RIA Novosti" on February 7 by the head of the State Duma Committee on Property Sergei Gavrilov.

He noted that such a change is due to the transition to a progressive taxation scale, which operates from the beginning of 2025.

According to Gavrilov, the basic principle of property tax deduction will still work. It will be possible to return part of the tax paid for the purchase of real estate and on mortgage interest.

"However, previously the maximum refund was limited to 13% of the fixed limits (2 million rubles for real estate and 3 million rubles for mortgage interest), which amounted to 260 thousand rubles and 390 thousand rubles. The new personal income tax scale introduces differentiated rates, due to which the amount of the refund increases. Thus, the deduction will be calculated based on the tax rate paid by the taxpayer, rather than a flat rate of 13%," said Gavrilov.

In addition, the parliamentarian said that the new system implies that taxpayers with higher incomes will be able to get a larger refund.

Gavrilov said that the amount of deduction for the purchase of housing now varies: those who pay tax at the minimum rate will be able to return Br260 thousand, while for citizens with income over Br50 million this amount will amount to Br440 thousand. Also increases the refund on mortgage interest.

According to the deputy, the new taxation scale makes the tax refund more proportional to the level of income.

Came to fees: how taxes for citizens and businesses will change from 2025

For whom the fiscal burden will remain the same and where the additional budget revenues will be directed

Before that, on January 16, Russian President Vladimir Putin following the results of the VTB investment forum "Russia Calling!" instructed the Government and the Central Bank (CB) of the Russian Federation to legislate a tax deduction for funds spent on life insurance.

Earlier, on December 4, 2024, it was reported that more than half of the surveyed (79%) Russians save on deposits to buy real estate. This is stated in the results of the research of the company Regions Development. The purchase of cars interested 38% of respondents. 29% of survey participants plan to allocate funds for housing repair.