Russian President Vladimir Putin has unveiled a new financial support measure that will provide families with direct tax refunds beginning in 2026, describing the initiative as an important step toward strengthening social welfare and improving the fairness of state assistance.

Speaking at an economic meeting, Putin announced the introduction of a “family tax payment,” a mechanism designed to supplement—rather than replace—existing social support programs.

“The family payment is being introduced in addition to existing support mechanisms. Families will also retain their right to receive other payments and benefits,” Putin said, stressing that the measure aims to make the system “even more targeted, effective, and fair.”

The president instructed government agencies to ensure the support is easily accessible, urging officials to remove bureaucratic obstacles. The application procedures, he insisted, must be “as simple and unburdensome as possible.”

Experts explain that the new system will operate as a tax cashback for employed parents. Families with two or more children will benefit from a reduced personal income tax (PIT) rate. Instead of paying the standard 13%, eligible parents will pay 6%, with the remaining 7% refunded directly in cash.

The program is targeted at families whose per capita income does not exceed 1.5 times the regional subsistence minimum. Both parents may apply, provided they are up to date on child support obligations.

The application campaign will run from June 1 to October 1, 2026. During this period, families can apply for the refund of taxes paid throughout 2025.

Putin expressed confidence that the initiative will be well received by the public, calling it a significant addition to Russia’s family support system. (ILKHA)