What is MROT in SAP PY-RU - Russia?

SAP Term: MROT

• Component: PY-RU

• Component Name: Russia

• Description: The minimum amount that an employer is allowed to pay an employee. The government determines the amount, which is usually expressed as a monthly amount. There are different kinds of minimum amounts: The minimum amount that employers are allowed to pay employees The base amount that is used to calculate taxes, privileges, and garnishments The base amount that is used to calculate grants and other social payments

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• Key Concepts: 
  MROT stands for Minimum Rate of Tax, which is a tax rate set by the Russian government. It is used to calculate the amount of taxes that must be paid by employers in Russia. The MROT rate is set annually and applies to all employers in Russia. 
  
  How to use it: 
  The MROT rate is used to calculate the amount of taxes that must be paid by employers in Russia. Employers must calculate their taxes based on the MROT rate and submit them to the Russian government. The MROT rate is also used to determine the amount of social security contributions that must be paid by employers. 
  
  Tips & Tricks: 
  It is important to stay up-to-date with the current MROT rate, as it can change from year to year. Employers should also ensure that they are calculating their taxes correctly, as incorrect calculations can lead to penalties or fines from the Russian government. 
  
  Related Information: 
  The MROT rate is part of the PY-RU Russia component of SAP software. This component provides employers with tools and resources for managing payroll and taxes in Russia. It also includes features such as tax calculation, reporting, and compliance with Russian tax laws.