Starting from September 1st, 2023, employees who care for disabled children will be able to accumulate additional days off during the calendar year and take a vacation of up to 24 days
One of the parents (guardian, custodian) of a disabled child may request four additional paid days off per month for caregiving purposes, which may be used by either of the mentioned individuals or divided among them at their discretion. Once per calendar year, it is allowed to use up to twenty-four consecutive additional paid days off within the total number of unused additional paid days off that one of the parents (guardian, custodian) is entitled to receive in that calendar year. If more than four additional paid days off are used consecutively, the schedule for providing these days off must be agreed upon between the employee and the employer. The payment for each additional day off is made in the amount of the average wage and in the manner established by federal laws.
Document: Federal Law of December 5th, 2022 No. 491-FZ
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How long should legal documentation for tax purposes be stored?
Storage period for accounting documents
Documents required for accrual and payment of taxes, including documents confirming receipt of income, payment of expenses and taxes, should be kept for at least 4 years.
When companies record losses at year-end, they are entitled to carry over losses to reduce their future tax payments by paying taxes on the difference between a year's profit and a year’s loss. The documents received in “unprofitable” years must be kept for 4 years after all losses have been used up for tax reduction purposes. For example, a company, which has been operating since 2015, records profits for the first time only in 2017. This company could reduce the amount of tax it needs to pay by deducting its losses of 2015 and 2016. In such case, it would be necessary to keep the documents for these years for a period of 4 years starting from 2017.
Primary accounting documents, ledgers, financial statements and audit reports must be kept for at least 5 years.
The following fines are imposed in case of violation of document storage periods (Article 120 Russian Tax Code):
- RUB 10,000 when there are no accounting and tax accounting documents for one tax period;
- RUB 30,000 when there are accounting and tax accounting documents for several tax periods;
- At least RUB 40,000 or 20% of the unpaid tax amount when the absence of documents results in an understatement of the tax base.
Storage period for HR documentation
HR documents must be kept for 50 years if issued after 2003 and at least 75 years for documents issued before or in 2003. Companies that closed down must transfer their documents to state archives.
There are also industry standards for archiving various types of documents which have been adopted by the relevant authorities and agencies.