Amendments have been made to the Resolution of the Government of the Republic of Kazakhstan dated April 20, 2020 No. 224 "On further measures to implement the Decree of the President of the Republic of Kazakhstan dated March 16, 2020 No. 287 "On further measures to stabilize the economy" on taxation issues", which will come into effect from October 1, 2020. (Resolution of the Government of the Republic of Kazakhstan dated October 30, 2020 No. 721).
According to the amendments, a correction factor of "0" has been established for the rates of the following taxes and social payments:
individual income tax withheld at the source of payment;
individual income tax paid independently by a person engaged in private practice;
social tax, mandatory pension contributions, mandatory occupational pension contributions, social contributions, contributions and deductions for mandatory social health insurance, with the exception of those paid by an individual entrepreneur for himself.
The provisions of this paragraph shall apply to the following taxpayers and their employees:
persons engaged in private practice and micro, small or medium-sized businesses engaged in activities according to the list of types of activities in accordance with Annex 1 to this resolution, for obligations, the term of payment (transfer) for which occurs in the period from April 1 to October 1, 2020, and for obligations to calculate (charge) mandatory occupational pension contributions, social contributions, contributions and deductions for mandatory social health insurance, except for those paid by an individual entrepreneur for himself, - until January 1, 2021;
It follows from the above that the application of the correction coefficient "0" to the rates of mandatory occupational pension contributions, social contributions, contributions and deductions for mandatory social health insurance, with the exception of those paid by an individual entrepreneur for himself, has been extended until January 1, 2021 for the above-mentioned persons.