Single aggregate payment (ESP)

Since 2019, Kazakhstan has introduced a Single aggregate payment (ESP), which will allow the self-employed category of citizens to fully participate in the tax, pension and medical systems.
📌Who pays the ESP? Anyone with an income of no more than 1,175 MCI per year who performs works and services for individuals and does not use the work of an employee can become a participant in the ESP. These include people who work for themselves or for hire, but without entering into an employment contract or registering an individual entrepreneur. For example, Tutors, makeup artists who provide services at home, taxi drivers, housekeepers, locksmiths on call, and even those who sell surplus from their garden.
📌The monthly ESP amount is: for city residents - 1 MCI, for village residents-0.5 MCI.
ЕС the ESP combines four payments into one-individual income tax, mandatory pension contributions, and contributions to health and social insurance funds.
📌How to pay ESP? The ESP is paid by the payers themselves or by a third party in their favor, indicating the month of the calendar year for which the payment is made. The ESP can be paid for the current and subsequent months of the calendar year. If there was no income in the current month, the payer may not pay the ESP. You can pay the ESP in the cash register of any Bank of Kazakhstan, as well as using their mobile applications or in Kazpost offices. To do this, you need to present your identity card and make a payment under the "183" KNP to the Bank account of the nao GC "Government for citizens".
📌How is the amount of the cap? The amount is transferred to the state Corporation's account. And then distributed in the following proportion:
✅10% - individual income tax
✅20% - social contributions to the State social insurance Fund
✅30% is pension contributions to the EPPF
✅40% - contributions to the social health insurance Fund. What rights and guarantees do ESP payers have?
📌Paying a single aggregate payment to self-employed individuals allows you to:
✅be a member of the compulsory social health insurance system;
✅make pension savings and, depending on the length of participation in the pension system, gives the right to receive a basic pension payment;
✅in cases of disability, loss of employment, loss of breadwinner, pregnancy and childbirth, adoption of a child, care for a child up to 1 year, receive social benefits.
❗ ️ ❗ ️ ❗️It is important to know: 1 MCI in 2020 = 2,651 tenge the ESP payer, if necessary, has the right to request information from the state Corporation about the Listed amounts of co, osms, OPV and IPN paid in a single aggregate payment. Be #VT.