Rounding when calculating taxes and social payments

In accordance with paragraph 3 of Article 190 of the Tax Code, tax accounting is based on accounting data. The procedure for maintaining accounting documentation is established by the legislation of the Republic of Kazakhstan on accounting and financial reporting.

At the same time, according to paragraph 1 of Article 192 of the Tax Code, unless otherwise established by the Tax Code, the taxpayer (tax agent) carries out tax accounting in tenge according to the accrual method in the manner and on the terms established by the Tax Code.

In addition, in the tax reporting form "Declaration on individual income tax (hereinafter-IPN) and social tax (form 200.00)", there are also no lines for reflecting tiyns.

It should be noted that the payers of IPN and mandatory pension contributions (hereinafter referred to as OPV) are individuals, and the employer is obligated to calculate, withhold and transfer IPN to the budget and OPV to the personalized accounts of depositors.

At the same time, in accordance with paragraph 3 of Article 486 of the Tax Code, the amount of social tax payable to the budget is determined as the difference between the calculated social tax and the amount of social contributions calculated in accordance with the Law of the Republic of Kazakhstan "On Compulsory Social Insurance".

According to the Rules and Deadlines for Calculating and Transferring Social Contributions to the State Social Insurance Fund and Penalties for Them, approved by the Decree of the Government of the Republic of Kazakhstan dated June 21, 2004 No. 683, when calculating social contributions, the amounts calculated in tiyns are rounded up to 1 tenge.

Thus, considering that taxes and social payments from the payroll are calculated for each employee separately, respectively, the tax agent-employer performs mathematical rounding when calculating taxes and social payments in the context of each employee.