Taxes and Types in Russia, the UK

1.

Taxes and Types in
Russia, the UK, and
Austria
An Overview of Tax Systems and Their Utilization

2.

Introduction to Tax Systems
Definition: Taxes are
mandatory contributions
levied on individuals and
businesses by governments.
Purpose: To fund public
goods and services,
redistribute income, and
influence economic behavior.

3.

Overview of Russian Tax System
Types of Taxes:
•Income Tax – Flate rate of 13%
•Corporate Tax – 20%
•Value-Added Tax (VAT) – 20%
•Social Security Contributions –
30%

4.

Structure and Use of Taxes in
Russia
Collection: Federal, regional, and local levels
Usage:
•Infrastructure development
•Healthcare and education
•Social welfare programs
•Defense and security

5.

Overview of the UK Tax System
Types of Taxes:
•Income Tax – Progressive rates from 20% to
45%
•National Insurance Contributions – 12% for
employees, 13.8% for employers
•Value-Added Tax (VAT) – 20%
•Corporate Tax– 19% (increasing to 25% in
2023)

6.

Structure and Use of Taxes in
the UK
Collection: HM Revenue and Customs (HMRC)
Usage:
•National Health Service (NHS)
•Education and public services
•Welfare and pensions
•Defense and public safety

7.

Overview of Austrian Tax
System
Types of Taxes:
•Income Tax – Progressive rates from 20% to
45%
•National Insurance Contributions – 12% for
employees, 13.8% for employers
•Value-Added Tax (VAT) – 20%
•Corporate Tax– 19% (increasing to 25% in
2023)

8.

Structure and Use of Taxes in
Austria
Collection: Federal Ministry of Finance
Usage:
•Healthcare and pensions
•Education and research
•Infrastructure and transportation
•Social welfare programs

9.

Comparative Analysis