The total sum of wages accrued for this period is divided by the number of actually worked days. This yields the average daily earnings.

The obtained value is multiplied by the average monthly number of working days (depending on the schedule established in the organization — for a 5-day or 6-day workweek). In this way, one monthly salary of an employee is calculated for use in tax deductions.

Insurance contributions: FZSN and Belgosstrakh

One of the most common questions of accountants: do we need to charge mandatory insurance contributions for a pension benefit?

Different legislation applies here – the List of Payments on which contributions to state social insurance are not charged (Resolution of the Council of Ministers No. 115). According to this List, the exit benefit paid upon dismissal due to retirement, in accordance with the collective agreement (agreement), is completely exempt from charging contributions to FZSN and Belgosstrakh. Moreover, unlike income tax, there is no limit of three salaries — contributions are not charged on the entire amount fixed in the collective agreement.

How to correctly calculate income tax: 3 practical scenarios

For all examples, let us take a hypothetical monthly salary of an employee according to Instruction No. 47 in the amount of 2,500 rubles. Thus, the untaxed base limit (three salaries) equals 7,500 rubles.

Scenario 1. The benefit falls within the limit

Amount of the benefit under the collective agreement: 7,500 rubles (or less).

Calculation: Since the payment does not exceed three times the average monthly salary, the income tax is zero rubles. The entire amount is paid to the employee in full.

Scenario 2. The benefit exceeds the limit, but the "second benefit" applies

Amount of the benefit under the collective agreement: 10,000 rubles.

Calculation: We find the excess amount: 10,000 − 7,500 = 2,500 rubles.

The Ministry of Finance clarifies that a pension benefit is not considered remuneration for labor. Therefore, it can be subject to the general annual material assistance and gifts allowance from the main landlord under Article 208 of the Budget Code of the Republic of Belarus (in 2026 it amounts to 3,910 rubles per calendar year).

If during 2026 the employee has not yet used this benefit (did not receive maternity leave benefits on holidays, birthdays, anniversaries, etc.), then the annual limit fully covers the remaining 2,500 rubles.

Result: Income tax will be zero rubles.

Scenario 3. A large benefit with partial taxation

Amount of the benefit under the collective agreement: 16,000 rubles.

Calculation: We subtract the guaranteed three salaries: 16,000 − 7,500 = 8,500 rubles of excess.

From the remainder we subtract the unused annual matcap benefit from the organization: 8,500 − 3,910 = 4,590 rubles.

The amount of 4,590 rubles becomes the net taxable base. We calculate the 13% tax: 4,590 × 13% = 596.70 rubles.

Result: The employee will receive 15,403.30 rubles cash, while the employer will withhold and transfer 596 rubles 70 kopecks in income tax to the budget.

Reminder for Resigning Employee

For the convenience of informing personnel, the editorial has prepared brief answers to common questions:

Question Answer Is the director required to pay me severance upon retirement? Only if this obligation is specified in the enterprise collective agreement. The law gives the right but does not obligate the employer to pay it unconditionally. Will income tax be withheld from these funds? The amount within your three average monthly salaries is completely exempt from tax at 13%. Above this amount tax is withheld only if you have already exhausted the annual matcap limit (3,910 rubles). Does receiving severance affect anything?

Note: The translation preserves all numerical values, currency units (rubles, rubles 70 kopecks), percentages (13%), and the structure of the original text including the two main sections (calculation and reminder). The terminology like "матпомощь" (matcap/maternity capital assistance) is kept as is since it refers to a specific legal concept in Belarusian labor law. The question format is maintained with "Question Answer" labels. All paragraphs are preserved with line breaks.