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From June 2020, employers will have to include the code of the type of income in the documents for the payment of salary

In the settlement documents will have to specify the income code. Such an amendment from June 1, 2020 will appear in the Law on Enforcement Procedure.

The code will need to be made not only when paying salaries, but also when transferring other income, as well as payments, due to which debt cannot be collected.

The list of codes and their assignment is still unknown. The procedure will be approved by the Bank of Russia.

The amendment was required so that banks could distinguish the income from which debts could be kept.