IMPORTANT INFORMATION ON MOBILE TRANSFERS

Now some entrepreneurs receive payment for goods and services sold through mobile transfers THROUGH PERSONAL ACCOUNTS OPENED IN BANKS. However, these transfers are made without the use of cash registers and POS terminals, and, accordingly, without issuing checks. 🛑 This is a violation for which administrative liability is provided. In addition, consumer rights are violated if a low-quality product is purchased.In 2022, the Law of the Republic of Kazakhstan “On Payments and Payment Systems” introduced the concept of mobile payments, these are non-cash payments in favor of an individual entrepreneur. The order of the Minister of Finance defines the characteristics of mobile transfers for business purposes. Citizens who received mobile transfers from 100 different persons every month for three consecutive calendar months will be subject to control.According to the requirements of the Tax Code, in 2024, only mobile transfers of those citizens who have entered the universal declaration system will be subject to tax control. These include civil servants, employees of budgetary organizations and the quasi-public sector.In 2024, the third stage of general declaration began; personal declarations must be submitted by entrepreneurs, founders and managers of the company, as well as their spouses. Accordingly, control of mobile transfers will be carried out in 2025.Thus, control of mobile payments does not affect bona fide taxpayers and is aimed at bringing illegal business activities out of the shadows. That is, individuals, as before, can make and accept mobile transfers for their personal purposes - transfers to relatives, friends, help for parents and children, and for other life situations. The Tax Code has created conditions for preferential taxation of micro and small businesses, in particular: tax rates range from 1% to 4% depending on the type of activity. You can select a taxation regime through the “e-Salyq Business” mobile application, where taxes and social payments are automatically calculated and paid.