PRESS RELEASE

PRESS RELEASE

The third stage of universal declaration has begun in Kazakhstan

 

Universal declaration in Kazakhstan: who is required to submit a declaration, what property and income must be reflected, conditions and procedure for submitting tax reports. This was stated by the head of the office of personal income administration Dina Kusainova during a press conference at the State Revenue Committee.

From January 1st, 2021, Kazakhstan has introduced phased universal declaration.

  • The main task of universal declaration is:

  • ensuring fair taxation and improving social policy;

  • creation of an effective mechanism of control over the income of individuals;

  • reducing corruption and the shadow economy.

Stages of declaration

Since January 1, 2021, the "input" declaration has been submitted by civil servants and persons equated to them, as well as their spouses - around 580 thousand individuals.

At the second stage this year, declaration was submitted by employees of state institutions and the quasi-public sector, as well as their spouses - around 2.1 million people.

At the third stage, since January 1, 2024, the declaration will be submitted by the heads and founders (participants) of legal entities, individual entrepreneurs, as well as their spouses. Around 3.9 million individuals are expected.

At the fourth stage, from January 1, 2025, other categories of citizens will submit the declaration (for example, employees of private structures, pensioners, housewives, students and others). It is planned to cover more than 6.4 million individuals).

In total, about 13 million people must go to UD system.

What assets must be declared?

The universal declaration system lies in submitting "input" declaration by all citizens, which reflects all foreign assets, movable, immovable property of an individual. Such as:

  • real estate and transport in foreign countries;

  • money in excess of $7.3 thousand (1,000 MCI) in a foreign bank;

  • participation share in a foreign company;

  • securities, digital assets (bitcoins, etc.);

  • share agreement (share in a residential building);

  • investment gold (bullion gold);

  • objects of intellectual property and copyright;

  • cash within 34.5 million KZT (10,000 MCI);

  • loan agreements with other persons, notarized before 31 December 2023г.;

  • other property (optional), worth over 3.4 million tenge (cultural values, jewelry, purebred animals, etc.) – estimation must be made before submitting the declaration (as of 12 December 2023).

How to prepare for submitting the declaration?

It is necessary to declare assets located abroad and in Kazakhstan as reliably as possible. In the future, cost of assets will be taken into consideration when determining taxable income.

Therefore, before filling out the declaration, we recommend you

to prepare the appropriate supporting documents;

to evaluate the property from an independent appraiser, valued in excess of 1000 MCI (3.5 million tenge) as of 31 December 2023 (if desired);

to certify loan agreements with notaries, according to which fact of money transfer was before 31 December 2023;

check the existence of assets and liabilities in Kazakhstan by visiting the following sites:

1) on securities https://portal.kacd.kz;

2) on agreements on equity participation in housing construction https://homeportal.kz; https://www.gov.kz/services/3910?lang=ru;

3) on objects of intellectual property, copyright https://gosreestr.kazpatent.kz;

4) on property transferred to trust management https://egov.kz/cms/ru/services/pass077_mu;

On an account receivable/payable (loan agreement), it is necessary to send a request to the Republican Notary Chamber through the Doculite system.

What declaration must be submitted annually?

Thereafter, a declaration of income and property is submitted annually (form 270.00), which reflects the income received during the calendar year, information on acquisition or expropriation of property in foreign countries.

Civil servants and persons equated to them indicate information on acquisition and expropriation of property in Kazakhstan and abroad, as well as sources cover the expenses of their acquisition.

Thus, the annual income and property declaration reflects:

  • income taxed by an individual independently (property income, rental income, income from the sale of real estate, transport, securities, income from abroad, etc.)

  • tax deductions (expenses for medical services, education, mortgage deduction for large families)

  • acquisition/ expropriation of property, including donated (real estate, transport, securities, digital assets, etc.)

  • sources of acquisition of expensive property

  • securities, digital assets (bitcoins, etc.)

  • share agreement (share in a residential building);

  • investment gold (gold bullion)

  • notarized loan agreements of individuals

  • participation share in a foreign company

  • real estate and transport in foreign countries

  • money in excess of $7.3 thousand (1,000 MCI) in a foreign bank

Ways of submitting?

Thus, the tax declaration can be submitted electronically and on paper (to PSCs, the state revenue authorities or through post offices).

For the convenience of population, electronic services for submitting declarations have been implemented through: the taxpayer's office (cabinet.salyk.kz ),  web portal (Moldir.qoldau.kz ), E-government portal (egov.kz ) and mobile application of the STB "E-Salyq Azamat", Halyk, bcc.kz (Centercreditbank) , eGov mobile

Citizens can apply online for an EDS receiving, and access to mobile applications is possible without an EDS via an SMS code.

These measures make it possible to organize timely submitting the tax declarations of individuals during the period of universal declaration

The most popular ways of submitting declarations among the population are the mobile application "E-Salyq Azamat" and the Taxpayer's office.

They account for about 95% of all accepted declarations

To date, 99% of citizens submit declarations in electronic form.

According to preliminary calculation of the 3rd stage beginning of this year, 424.9 thousand or 24.4% of 1.7 million (without spouses) submitted a declaration of assets and liabilities (f. 250.00), (according to 2nd stage, 1,346.9 thousand citizens or 40.6% of 2.8 million submitted declarations of income and property (f.270.00)).

How the tax control of mobile transfers is carried out??

Mobile transfers are intended for bank transfer of money between individuals for personal purposes and are not subject to taxation.

Verification of mobile transfers is aimed at unshadowing illegal business activities.

So, in 2022, the signs of mobile transfers for business purposes have been identified.

Verification of mobile transfers is aimed at unshadowing illegal business activities.

Some entrepreneurs receive payment for sold goods or services through mobile transfers. However, these transfers are made without the use of cash registers, POS terminals and QR codes. Accordingly, checks are not given and consumer rights are infringed.

The inspection will target only persons who have received mobile transfers from 100 or more different persons monthly for three consecutive months. That is, if there are signs of entrepreneurial activity

When accepting non-cash payments for the sale of goods, performance of works, provision of services to a bank account (subparagraph 3-1) of Article 27 of the Entrepreneurial Code).

According to the norms of the Law of the Republic of Kazakhstan "On payments and payment systems", various payment methods are provided – by bank card, QR payment or cash (Article 25).

Refusal to accept non-cash payments is illegal and violates the rights of consumers.

Administrative liability is provided or the refusal of entrepreneurs to accept payments using payment cards, first it is a warning, in case of repeated violation – a fine of 147,680 tenge (40 MCI) (Article 194 of the Administrative Code).

When accepting payments using payment cards, individual entrepreneurs and legal entities are obliged to sell goods (works, services) at a price not exceeding the price of sale paid in cash (Article 40 of the Law).

 

Press office

of the State Revenue Committee MF RK