Tuesday, 09 February 2021, 09:31:41
At the government session chaired by Prime Minister Askar Mamin, issues of tax and customs administration were considered.
Minister of Finance Yerulan Zhamaubayev presented his report.
“To support business, large-scale tax incentives were implemented in Kazakhstan last year, covering more than 700,000 legal entities and individual entrepreneurs,” Mamin said.
There is a 3-year moratorium on inspections of micro and small businesses (until Jan. 1, 2023) and exemption from taxes on income of SMEs that apply special tax regimes. These measures will allow entrepreneurs to allocate about 400 billion tenge for the expansion and development of their business in 3 years.
On behalf of the Head of State, from Jan. 1, 2020, a new special tax regime for the retail tax, applied on a voluntary basis, was introduced. The tax rate is set at 3% of the income received. The government has determined the List of activities for the application of this regime. The list includes those activities for which restrictive quarantine measures were applied during the pandemic. The regime is designed for 2 years as an anti-crisis measure to ensure a reduction in the tax burden on SMEs and to optimize the procedure for paying taxes and payments to the budget.
To simplify the fulfillment of tax obligations by individuals, from the current year taxes on property and land have been combined into a single payment, and the land tax has been canceled for owners of apartment buildings.
The Head of Government instructed the Ministry of Finance, together with the Ministry of Digital Development, to take effective measures to modernize tax administration information systems and integrate them with other government agencies using modern methods, including blockchain and big data.
“For the convenience of taxpayers and businesses, the developed free mobile applications E-Salyq Azamat (Tax Wallet) and E-Salyq Business should be actively promoted. As part of the order of the Head of State, the Ministry of Finance needs to qualitatively work out the issue of automatic filling of reports for individual entrepreneurs when they use online cash register machines and POS terminals,” Mamin said.
The prime minister, as part of the execution of the instructions of the Head of State, pointed out the need to prepare by the end of March 2021, proposals for the Comprehensive Plan to Combat Illegal Trade at the Border.
In order to implement the additional measures to support SMEs, considered at the meeting of the Supreme Council for Reforms (January 29 this year) this year, to support SMEs, the Prime Minister instructed until March 1, 2020, prepare the necessary amendments to tax legislation.
“The proposed changes will allow to involve up to 500 thousand employees in official employment, reduce the burden on the wage fund, simplify the procedure for fulfilling tax obligations and attract new investments in the republic’s economy,” Mamin said.