On advantages of a three-component integrated system

 

For entrepreneurs using a Three-component Integrated System (TIS), there are tax exemptions in Kazakhstan. The State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan spoke about the advantages for IE. 

Three components of TIS:

1) online cash register;

2) payment component (POS terminal);

3) accounting system (ERP system).

Currently there are 3 models (Trinity and Trinity 1.2, Prosklad.kz ). An individual entrepreneur applying a special tax regime (STR) based on a simplified declaration can choose to use each of them.

Articles 82 and 683 of the Tax Code provide the following advantages of using TIS:

- the amount of non-cash operations (payment card) passing through the TIS is not included in the turnover for VAT registration (within 114,184 MCI), as well as in the amount of income for the application of the STR on the basis of a simplified declaration (within 70,048 MCI);

- TIS has a tax accounting module, which reflects the movement of goods, as well as elements that allow you to generate tax reports, including wages of employees.

Thus, when using TIS, entrepreneurs with an increase in income will not have concerns about the possible excess of the thresholds for the STR or the need to register for VAT.

Details about the TIS models can be found on the manufacturers' websites www.tis24.kz and www.prosklad.kz.

The requirements for the TIS and its accounting, the Rules for the installation and application of the TIS were approved by Order No. 953 of the First Deputy Prime Minister of the Republic of Kazakhstan - Minister of Finance of the Republic of Kazakhstan dated September 2, 2019 "On approval of the Requirements for a three-component integrated system and its accounting, the Rules for its installation and application" (http://adilet.zan.kz/rus/docs/V1900019327 ).

Registration of TIS is carried out through the Taxpayer's Webroom.