Unified Cumulative Payment expires

Recently, some media published materials on the terms of the ESP with an incorrect interpretation: “From 2024, the ESP is canceled.” In this regard, the State Revenue Committee clarified the validity period of this payment and what to do for MSB payers from 2024.

The Single Aggregate Payment (CAP) was originally introduced temporarily for 5 years (from 2019 to 2023) for self-employed citizens who were not registered as individual entrepreneurs, if they provided services exclusively to individuals and their income did not exceed 4 million tenge per year. The main or even the only goal pursued by the introduction of the MSB was to involve the self-employed in the systems of compulsory social health insurance, social insurance and pensions. So it was a grace period, with low payments.

And it ends. Now, as you know, there is a phased introduction of declaring the income of individuals, in which it is necessary to reflect the amount of income. Citizens who have not previously registered entrepreneurial activity must make a choice - to be entrepreneurs or become an employee. In case of registration as an individual entrepreneur, it is necessary to choose the appropriate tax regime. The most beneficial when providing personal services is the tax regime using a special mobile application "e-Salyq Business", which allows you to issue a check, calculate taxes and payments for you, while a declaration is not submitted. The payment to the budget is 1% of the income received, this is the rate of individual income tax.

The minimum amount of social payments for an entrepreneur who does not belong to preferential categories is 14,350 tenge. These are payments in favor of the entrepreneur himself. Mandatory pension contributions, in this case they amount to 7,000 tenge, are credited to the personal account in the UAPF of the entrepreneur himself and form his pension savings.

Social contributions are equal to 2450 tenge, they are also taken into account for each person personally and determine the amount of social payments. For example, when going on maternity leave.

Contributions for compulsory social health insurance - 4900 tenge. This is a payment for the possibility of unhindered access to medical institutions, if necessary.

This year, in order to simplify the fulfillment of tax obligations for persons providing services using Internet platforms, a pilot project “Platform Employment” is being implemented, within which the Internet platform will withhold and pay taxes for individual entrepreneurs.