In RF field of implementation of the refinancing rateIt is quite high. The refinancing rate is defined as the size of ready-interest, which must be listed to the Central Bank for the loan product.
The calculation of the refinancing rate in Russia is carried out according to the approved formula.
The refinancing rate in Russia
Currently, the refinancing rate isthe main indicator of the credit policy of the Central Bank of the Russian Federation. This rate is assumed when calculating the fines, penalties and taxation. The refinancing rate is considered to be the basis for monetary policy.
Calculation of interest at the refinancing rate at the beginningwas adopted by the Central Bank was called - the rate for all credit programs. Since 1992, the size of the rate became the same as the rates on collateral loans. Since 1993, the refinancing rate reached the highest level, and ranged from 100 to 210%.
For some there is a calculation formula at the refinancing rate?
The official formula, according to which thecalculation of the refinancing rate, approved by the Central Bank of the Russian Federation. The size of the bet can be equated to economic stability, because it depends on him almost all the characteristics of a large organization, and the physical characteristics of the normal people.
interest at the refinancing rate calculation takes place on a simple formula:
The size of penalty = (Amount * Interest Rate) / * 300 days, where the
Amount - amount of the loan dogovoru-
Interest rate - the rate set in the loan agreement
Days - the total number of days within which the delay was formed under the credit agreement.
Where applicable the refinancing rate?
For most people the actual implementation raterefinancing only when lending. But we must take into account that the bids have other areas of implementation. According to the RF Tax Code is charged 1/300 of the rates for each day passes the default of payment to pay any kind of tax.
Also, the refinancing rate appliedwhen calculating the amount of personal income tax contribution in rubles. If the rate on the deposit exceeds the refinancing rate, which is set during the deposit period, the contribution is taxed.
The tax base in obtaining money from the economyin the application of loan funds it is also based on the basis of the refinancing rate. In this case, the calculation of interest is performed at the refinancing rate as well as 2/3 of the refinancing rate at the time of deriving income.
In this case, if the employer retainspayment of wages, it must make a payment of compensation to the final assembly. The amount of compensation should be more than 1/300 of the refinancing rate set. Calculation of compensation occurs for each day of non-payment of wages.
Example calculation of interest at the refinancing rate
Suppose your employer delayed wages. At a rate of 20 thousand rubles for 5 days. In this case, the calculation of compensation will be:
20,000 * 8.25% (the refinancing rate on 11.03.2014, the) / 300 * 5 = 27.5 rubles.
The amount, of course, small, but it is a huge time will increase significantly.