Tax deduction for fitness services

Taxes in Russia

Main article: Taxes in Russia

Tax deduction in Russia

Main article: Tax deduction in Russia

2020: The Government of the Russian Federation introduced a tax deduction for sports

At the end of October 2020, it became known that the Government of the Russian Federation approved the introduction of a tax deduction for fitness services. The maximum deduction (13% of the amount of 120 thousand rubles) to be returned to the taxpayer may be 15,600 rubles.

This will enable our citizens to receive a tax deduction for fitness services. We have an ambitious goal by 2030 to involve 70% of the population in sports. And Russia the tax deduction is a step in the right direction, "said the Deputy Prime Minister of the Russian Federation. Dmitry Chernyshenko

According to Prime Minister Mikhail Mishustin, supporting mass interest in sports, health procedures is one of the priorities.

The Russian government introduced a tax deduction for sports

This is a necessary condition for improving the duration and quality of life of people, preserving and strengthening health, active longevity, one of those factors that positively affects the demographic processes in the country as a whole, "he said at a cabinet meeting.

According to the Ministry of Sports of the Russian Federation, in 2019, 177,083 institutions, enterprises, associations and organizations carried out fitness and sports work in Russia. As of January 1, 2020, about 3.5 thousand of these organizations are fitness centers - physical education and sports organizations that provide citizens with physical training and physical development services. In 2019, 6,368,074 people were engaged in fitness centers, the agency said.

Such tax deductions will especially help fitness industry operators. In October, the National Fitness Community (unites 1700 clubs) warned of the closure of 70% of market participants by February due to the actions of regional authorities and fines.^[1]

Notes