KAZAKHSTAN: NEWS AND TAX/ACCOUNTING ACTIVITIES, SEPTEMBER 2023

• Employees of state institutions and their spouses (including education, health care, culture, sports, etc.), as well as employees of quasi-state sector entities and their spouses will have to submit tax returns on assets, liabilities, income and property at first time in our Republic;
• The Ministry of Finance plans to amend the rules for refunding excess value-added tax and the application of a risk management system to confirm the accuracy of the amount of excess value-added tax, as well as the criteria for the degree of tax risk; the relevant draft law has been submitted for discussion;
• The Ministry of Finance put up for public discussion the draft Law of the Republic of Kazakhstan “On the Republican Budget for 2024-2026”. According to the draft law, only the minimum wage will not change, the other indicators will increase;
• The rules for maintaining tax personal accounts will be amended;
• Full list of tax and accounting activities in September you may see below:

1. Calculation and payment of wages for August: 1 – 10 of September, 2023
2. Submission of tax reporting –

before September, 15

• assets and liabilities in electronic tax return form in the form 250.00
• income and property of an individual tax return form 270.00
• an excise duty tax return in the form 400.00 and calculation for subdivisions in the form of 421.00

before September, 20

• EAEU for received imports – submission of an import application in the form 328.00 and payment of VAT

3. Payment of taxes:

Before 5th of September individuals engaged in private practice pay PIT (personal income tax)

Before 20^th of September

• excise duty
• amounts of indirect taxes on imported goods to the customs union;

Before 25^th of September

• salary taxes and contributions and other taxes
• Withholding tax and advance payments for CIT
• other taxes

4. Submission of statistical reporting according to schedule for your business activities
5. Other activities in area of primary documentation checkup/collection, reconciliation acts and matching of electronic invoices on state portal with 1C or other software; daily bookkeeping activities.

Article is prepared by Ekaterina Kassumova,

Director of FChain Kazakhstan

1^st of September 2023