The innovations in the Tax Code of the Republic of Kazakhstan provide for preventive measures and are designed to facilitate the payment of taxes by both legal entities and individuals.
The reduction of taxable income under the CPN by social entrepreneurship entities in the amount of expenses incurred to pay for training, advanced training or retraining of socially vulnerable categories of the population who are in labor relations with such a subject, but not more than 120 times the amount of the MCI effective as of January 1 of the corresponding financial year per employee for the tax period, is provided for the purpose of stimulating social entrepreneurship.
The application of a reduced rate of 0.5% on property tax by social entrepreneurship entities and the granting of the right to choose one of the lowest tax rates, if the social entrepreneurship entity complies with several provisions of paragraphs 2, 3, 4 and 5 of Article 521 of the Tax Code, these changes are provided for in order to ensure access of representatives of certain target groups to entrepreneurial activity.