Important Changes In Tax Law

01.04.2025
Source: IS Paragraph 

01.01.2025

Rate of social contributions is increased to 5%

From 1 January 2025, the rate of social contributions to the Federal Social Insurance Fund payable by payers for participants in the compulsory social insurance system and (or) for their own benefit is increased from 3.5% to 5% of the object of calculation.

In addition, starting from 2025, individuals receiving income under civil law contracts concluded with tax agents (‘civil law contracts’), the subject of which is the fulfilment of work (provision of services), are subject to compulsory social insurance. They also include employees of representative offices of international companies in Kazakhstan, diplomatic missions and consular offices of foreign states accredited in Kazakhstan.

The object of calculation of social contributions for the above-mentioned individuals is now the amount of income received under a civil law contract (performance of work/services), except for income from which social contributions are not paid to the Federal Social Insurance Fund.

At the same time, the monthly object of calculation of social contributions for individuals who receive income under civil law contracts should not exceed 7 times the minimum wage established for the relevant financial year by the law on the republican budget.

If the object of calculation of social contributions for a calendar month is less than 1 minimum wage, social contributions are calculated and paid based on it.

 

Source: The Tax Code of the Republic of Kazakhstan (the TC RC) 

01.01.2025 

MET rate on mined uranium is increased to 9% 

Amendments were made to art. 746 of the TC RK dd. 1 July 2024 No. 105-VIII ‘On Amendments and Additions to the Code of the Republic of Kazakhstan “On Taxes and Other Obligatory Payments to the Budget”, which provides for a 2-stage increase in mineral extraction tax rates (MET) for subsoil users of the mining and metallurgical sector of the economy for mined uranium.

Thus, from 1 January 2025, the MET rate for mined uranium will increase from 6% to 9%.

    

Source: The TC RC

01.01.2025

Social tax rate is increased to 11%

The social tax rate from 2025 is 11% (according to art. 485 of the TC RK dd. 25 December 2017).

 

Source: The TC RC

01.01.2025

Changes in excise taxes

Amendments have been made to replace the terms ‘beer and beer drink’ with "brewed products" in art. 463 of the TC RK in order to bring the TC RK into line with the Technical Regulations of the EAEU ‘On the safety of alcoholic products’.

The calculation of the excise tax amount for brewed products has been increased to 90 KZT/ per liter.

 

Source: IS Paragraph

01.01.2025

Changes in VAT

The amendments affected Articles 427 and 428. They were terminated as of 01.01.2025.

  • Art. 427. Payment of VAT on imported goods by offset method
  • Art. 428. Payment of VAT on imported goods into the territory of Kazakhstan from the territory of the EAEU member states by offset method.

    

Source: IS Paragraph 

01.01.2025

Changes in Corporate Income Tax

Article 257 of the Tax Code of the Republic of Kazakhstan includes the following deductions:

  • professional payment at the employer’s expense according to the Labour Code of the RK

  • the cost of uniform provided to the employee in cases where the legislation of the RK establishes the obligation to wear a uniform and (or) provide it.

Also, the changes to the CIT are aimed at introducing incentives in the field of research and development (R&D).

The R&D expenses are deductible if there are notifications of the authorised body in the field of science on research, scientific and technical and (or) development work in accordance with the applicable legislation of the RK (art. 254 of the RC TC).

The grounds for attributing such expenses are as follows:

  • for expenses on R&D, scientific and technical, experimental and design works - a report on scientific and (or) scientific and technical activities, as well as documents confirming expenses related to such activities

  • for expenses on acquisition of R&D, scientific and technical, experimental and design works - actually executed technical assignment and acts of acceptance of completed stages of such works.

From 1 January 2025 the taxpayer has the right to reduce taxable income (art. 288 of the TC RK):
50% of the amount of deductible expenses (costs) under art. 254 of the Code on:
  • R&D, scientific and technical, experimental and design works in connection with the creation of an object of industrial property, including work for which a protective document is availabl
  • acquisition of exclusive rights to intellectual property objects from organisations of higher and (or) postgraduate education, scientific organisations and start-up companies under a licence agreement or an exclusive right assignment agreement for the purpose of commercialisation of the results of scientific and (or) R&D activity

Source: JSC Unified Accumulative Pension Fund (www.enpf.kz/kz/)

08.01.2025

Mandatory employer pension contribution is increased to 2.5%

From 1 January 2025, the mandatory employer pension contribution in Kazakhstan is 2.5%.

    

Source: The TC RC

13.01.2025

Tax cuts for large families 

Since January 2025, a new norm aimed at supporting large families has been in force in Kazakhstan, allowing parents to reduce the tax burden on the family budget and having a positive impact on the well-being of families with 4 or more children.

Thus, the tax deduction for a large family is applied cumulatively for both parents in the amount of not more than 282 MCI (in 2025 – KZT 1,108,824), in one of the following orders:

  • for one parent - 23 MCI (in 2025 – KZT 90,436) for each month

  • for each parent - 12 MCI (in 2025 – KZT 47,184) for each month.

The tax deduction is applied, if individuals have 4 or more under-age children as of 1 January of the calendar year in which the deduction is applied, which is confirmed by copies of birth certificates.

Thus, in 2025, about KZT 90 thousand will be additionally monthly exempted from income taxation of large families.


Source: The TC RC 

31.01.2025

Changes in Form 200.00

Amendments introduced to cl. 2 art. 358 Declaration of personal income tax and social tax.

The tax agent provides data on the calculation, withholding and transfer of personal income tax amounts for each individual resident of the RK who is a recipient of income, in the form of an annex to the personal income tax and social tax declaration, which is prepared and filed:

  • at the end of the calendar year with the personal income tax and social tax declaration for the last reporting period of the calendar year as set out in cl. 2 art. 357 of the Code

  • with the personal income tax and social tax declaration when filing liquidation tax returns.

 

Source: IS Paragraph

21.02.2025 

The List of goods exempt from VAT under investment contracts is supplemented

The List of raw materials and (or) materials, import of which is exempt from VAT under the investment contract, approved by the Order of the Minister of Investment and Development of the RK dd. 27 February 2018 No. 140 with the indication of TN VED codes of the EAEU has been supplemented.

The additions are introduced by the order of the acting Minister of Foreign Affairs of the RK dd. 18 February 2025 No. 11-1-4/83 and shall come into effect from 3 March 2025.


Source: IS Paragraph

28.02.2025 

A new application form for participation in an international group is approved

The rules for completing the form of a statement of participation in an international group are brought into line with the amendments made to the Law of the RK ‘On Transfer Pricing’ in relation to the submission of a statement of participation in an international group.

The form of application for participation in an international group is set out in a new wording, and it is established that the application will be filed by the participant to the state revenue authority only in electronic form, certified by an EDS.

The filing date will be defined by the date of acceptance by the central hub of the Tax Reporting Processing System as indicated in the e-notification sent to the international group member no later than 1 business day from the date of acceptance by the system.

If the last day of the reporting deadline falls on a non-business day, it is postponed to the next business day.

In the absence of software (or detection of technical errors in it) at the state revenue authority, the participant files an application electronically through a unified platform for receiving and processing all applications of citizens or a unified electronic document management system. In this case, the date of the application filing shall be the date of its registration in the said platform or system.

If impossible to file the application with the state revenue authority electronically, the participant shall provide relevant documents and the application on paper with a copy on an electronic medium:

  1. by post by registered letter with notification;
  2. in person on paper in 2 copies, one of which shall be returned with a mark of acceptance.

An application shall be deemed not to have been filed if:

  1. does not comply with the set time limit;
  2. does not comply with the set form;
  3. the identification number is missing or incorrect;
  4. the fiscal year is not indicated;

  5. EDS is missing or inaccurate when submitted electronically.

Clarifications have also been made to the Rules for the filling in of the application form with regard to the indication of the code of the country of residence.

As a reminder, the application is to be filed by a member of an international group not later than 1 September of the year following the reporting fiscal year.

The changes were approved by the Order of the Minister of Finance of the RK dd. 24 February 2025 № 84 and will come into effect from 10 March 2025.

    

Source: State Revenue Committee (SRC) of the Minfin of the RK (www.kgd.gov.kz/ru)

11.02.2025 

SRC on the application of personal income tax (PIT) deductions from 1 January 2025

From 1 January 2025, according to the TC RK, when determining taxable income, individuals may apply the following most discussed types of tax deductions:

  • for large families (4 or more under-age children) - not more than 282 MCI (KZT 1,108,824) per year

  • other, including but not limited to:

on expenses for education in one's own favour and for persons under 21 years of age (pre-school education and training, secondary and higher education) who are dependent - not more than 118 MCI (KZT 463,976) per year

health care - not more than 118 MCI (KZT 463,976) per year;

on remuneration on housing mortgage loans - not more than 118 MCI (KZT 463,976) per year.

The total amount of tax deductions for large families and other deductions for the year should not exceed 564 MCI (KZT 2,217,648) to the total amount of income at source and at self-assessment.

These deductions may be applied by individuals either independently or with a tax agent (employer).

The peculiarity of applying other deductions to an employee's income is that the employee must submit to the employer an application for the use of only a provisional amount of other deductions for a calendar year not exceeding 282 MCI (KZT 1,108,824).

Then such a person must submit a declaration of income and property (Form 270.00) at the end of the calendar year with copies of supporting documents attached. At the same time, in case of an excess of PIT, the individual has the right to request the state revenue authority to offset or refund the excess amount of PIT.

In order to offset and (or) refund excess PIT, the state revenue authority will conduct a check on the legitimacy of the application of other tax deductions.

The check is carried out within 1 year after the due date for filing of the declaration of income and property. Once it is confirmed, a decision on the PIT will be made (for 2025 obligations, refunds upon confirmation of the correct application of other deductions will be made until 15 September 2027).