Benefits when buying or building a home

First-time buyers or builders of a home are eligible for a property deduction. Its size depends on the social category. For example, 10000 minimum wages (104000 rubles) apply to all taxpayers. 30000 minimum wages (312,000 rubles) can be received by large families. 34 thousand minimum wages (353 thousand 600 rubles) can be received by young families. On this amount, a person may not pay income tax.

In practice, there are situations when taxpayers, after purchasing a home, do not have time to apply for a property deduction in time and do not have the opportunity to use the benefit provided by law. Today, the deputies of the Supreme Council adopted in the first reading a bill that increases the period for applying to the tax authorities to three years. Thus, those who did not have time to exercise the right to receive a property deduction for any reason will be able to exercise it if 3 years have not passed.

Amendments are being made to the law “On Income Tax on Individuals”. Deputies of the profile committee will continue to work on the bill. Ahead - the second reading. If the document is adopted and signed by the PMR President, a greater number of Pridnestrovians will have the right to use income tax relief.