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Base amount

Base amount[1] or base value[2] (also basic amount,[3] or basic value,[4] or base rate[5]) (Belarusian: базавая велічыня, Russian: базовая величина; commonly abbreviated as БВ or б. в.) is sort of notional amount used in Belarus to keep amount of pensions, scholarships, social welfare payments, duties, taxes, and fines in the text of laws stable and relevant regardless of the level of inflation.

Base amount (Polish: kwota bazowa) is also used in Poland to keep pensions on a stable level, regardless of inflation.[6] A similar measure, income base amount (Swedish: inkomstbasbelopp), is used in Sweden.[7]

History

Until 2002, fines, taxes, fees and other payments in Belarus were calculated in multiples up to the minimum wage. In accordance with the Presidential Decree № 3 of 15.02.2002, the minimum wage is used only in labor relations. According to the Resolution of the Council of Ministers of 22.02.2002 № 243 for the calculation of fines, taxes, fees and other payments, a base amount of Br 10,000 (about €6.92 at that time) is applied.[8]

Usage examples

  • Foreign citizens entering the Republic of Belarus for less than a month of stay should have funds equivalent to at least 2 base amounts per each day of stay. For stays extending a month, foreign citizens should have funds equivalent to at least 50 base amounts.[9]
  • The Belarusian Code of Administrative Offences contains no fines in rubles, base amount is used as unit instead. For individuals, fines have a size of from 0.1 to 500 base amounts.[10]
  • Victims of the terrorist attack in Minsk have received financial assistance in the amount of up to 1000 base amounts.[11]
  • The maximum monthly unemployment benefit in Belarus is twice the base amount.[12]

Amount and effective dates

Effective date Amount in Belarusian rubles[note 1] Amount in euro[note 2] Regulation
01.01.2022 32 11.10 Resolution of the Council of Ministers of 31.12.2021 № 792
01.01.2021 29 9.15 Resolution of the Council of Ministers of 30.12.2020 № 783
01.01.2020 27 11.42 Resolution of the Council of Ministers of 12.12.2019 № 861
01.01.2019 25.5 10.31 Resolution of the Council of Ministers of 27.12.2018 № 956
01.01.2018 24.5 10.4 Resolution of the Council of Ministers of 22.12.2017 № 997
01.01.2017 23 11.25 Resolution of the Council of Ministers of 28.11.2016 № 974
01.07.2016 21 9.46 Resolution of the Council of Ministers of 27.06.2016 № 496
01.01.2016 210 000 10.34 Resolution of the Council of Ministers of 18.12.2015 № 1059
01.01.2015 180 000 12.45 Resolution of the Council of Ministers of 29.12.2014 № 1255
01.04.2014 150 000 11.05 Resolution of the Council of Ministers of 25.03.2014 № 255
01.10.2013 130 000 10.6 Resolution of the Council of Ministers of 26.09.2013 № 842
01.04.2012 100 000 9.34 Resolution of the Council of Ministers of 30.12.2011 № 1785
01.12.2007 35 000 11.02 Resolution of the Council of Ministers of 02.11.2007 № 1446
01.03.2006 31 000 12.15 Resolution of the Council of Ministers of 11.02.2006 № 189
01.11.2005 29 000 11.17 Resolution of the Council of Ministers of 05.10.2005 № 1100
01.04.2005 25 500 9.14 Resolution of the Council of Ministers of 28.03.2005 № 330
01.11.2004 24 000 8.66 Resolution of the Council of Ministers of 15.10.2004 № 1290
01.04.2004 19 000 7.22 Resolution of the Council of Ministers of 29.03.2004 № 346
17.01.2004 17 500 6.5 Resolution of the Council of Ministers of 12.01.2004 № 23
30.09.2003 16 500 6.86 Resolution of the Council of Ministers of 26.09.2003 № 1220
01.05.2003 14 000 6.23 Resolution of the Council of Ministers of 13.05.2003 № 630
01.03.2003 13 300 6.26 Resolution of the Council of Ministers of 27.02.2003 № 280
01.12.2002 12 000 6.35 Resolution of the Council of Ministers of 16.12.2002 № 1750
01.09.2002 11 100 6.09 Resolution of the Council of Ministers of 04.09.2002 № 1211
01.03.2002 10 000 6.92 Resolution of the Council of Ministers of 22.02.2002 № 243

Simplified approximation

As seen above, from 2005 year base amount is set in amount that can be approximated to €10. For example, if the amount of some fine is 35 base amounts, it can be easily assumed as €350.[citation needed]

The United States Department of State in its travel information uses an approximation of 2 base amounts to €25,[13] which covers the actual amount on the safe side.

See also

Notes

  1. ^ BYR before 1 July 2016, then BYN (see details)
  2. ^ Converted using historical exchange rates of the National Bank of the Republic of Belarus

References

  1. ^ "Base amount in Belarus". eng.belta.by. December 16, 2019.
  2. ^ "Social Protection and Social Inclusion in Belarus". ec.europa.eu. November 2009.
  3. ^ "Official documents. Family capital program extended for 2020-2024 in Belarus". belarus.by. 18 Sep 2019.
  4. ^ "Civil Code of the Republic of Belarus No. 218-Z of December 7, 1998". wipo.int.
  5. ^ "New Year changes. Base value amounts to 29 rubles". tvr.by. Archived from the original on 2021-01-26. Retrieved 2021-03-09.
  6. ^ "Słownik. Kwota bazowa" (in Polish).
  7. ^ "Glossary. income base amount".
  8. ^ "Банкротство предприятия и трудовые отношения" (in Russian).
  9. ^ "Border crossing rules for foreign citizens".
  10. ^ "Штрафы от 0,1 до 500 базовых величин: опубликован новый Кодекс об административных правонарушениях" (in Russian). 2021-01-22.
  11. ^ "Информация, связанная с терактом в Минском метрополитене 11 апреля 2011 года — Минский городской исполнительный комитет" (in Russian).
  12. ^ "Social Security Programs Throughout the World: Europe, 2018 - Belarus".
  13. ^ "Belarus International Travel Information". travel.state.gov.
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