NEWS AND ACCOUNTING ACTIVITIES NOVEMBER 2021, KAZAKHSTAN

Briefly about the significant events, published in November:

• Accounting rules in Kazakhstan will change from November 7, 2021
• National financial reporting standards in Kazakhstan will change from November 7, 2021
• Changes in tax accounting policy for individual entrepreneurs on a simplified tax system from 2022
• Important changes to the tax code, which will come into force from 2022
• CIT changes from 2022
• Introduction of VAT for foreign companies from 2022 (Tax on Google)

Activities of accounting and tax accounting in November:

1. Calculation and payment of wages for November: 1 – 10 of November, 2021
2. Submission of tax reporting –

before November, 15

• CIT settlement at source for the III quarter of 2021 in the form 101.04 and 101.03
• declaration on personal income tax and income tax for the III quarter of 2021 in the form of 200.00
• VAT declaration for the III quarter of 2021 in the form 300.00
• submission an excise duty tax return in the form 400.00 and calculation for subdivisions in the form of 421.00
• declaration on rental tax on exports for the III quarter of 2021 in the form of 570.00
• declaration for tax on mineral extraction for the III quarter of 2021 in the form of 590.00
• declaration on tax on gambling business and flat tax for the III quarter of 2021 in the form of 710.00
• declaration on payment for the use of surface water resources for the III quarter of 2021 in the form 860.00
• declaration on payment for emissions into the environment for the III quarter of 2021 in the form 870.00
• declaration for taxpayers applying the special tax regime of retail tax for the III quarter of 2021 in the form 913.00

before November, 22

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

3. Payment of taxes:

• Before 5^th of November individuals engaged in private practice pay IIT
• Before 10^th of November single land tax for the period from January 1 to October 1, 2021
• Before 25^th of November salary taxes and contributions and other taxes.

4. Submission of statistical reporting
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

5^th of November, 2021