Implementation of the state budget plan for tax revenues for January-July 2020
The plan for tax revenues to the state budget for January-July this year was fulfilled by 92.9%, including the Republican budget by 81.9% and the local budget by 117.2%.
During the reporting period, tax revenues to the state budget amounted to 4,282. 0 billion tenge, with a decrease of 10.7% (or 513.7 billion tenge) compared to the same period last year. Including the Republican budget decreased by 25.9% (or 911.1 billion tenge), the local budget increased by 30.9% (or 397.4 billion tenge).
In the context of national taxes, non-fulfillment is observed for corporate income tax (CIT) (by 24.9%), value added tax (VAT) on domestic goods (DG) (by 24.5%), VAT on imports from 3 countries (by 30.7%) and VAT on imports from the Eurasian Economic Union (EEU) countries (by 19.0%).
The reason for the decline is the deterioration of the economic situation due to external and internal factors.
In comparison with the same period of 2019, there is a decrease in prices for major export items, including oil by 38.2%, zinc by 23.1%, uranium by 18.9%, aluminum by 13.1%, copper by 10.9%, and lead by 10.5%.
Trade with third countries for the first 7 months of 2020 decreased by 10.1%(exports by 12.6%, imports by 4.5%). Including in July this year, the trade turnover decreased by 29.2%(exports by 43.7%, imports by 7.8%).
Sales turnover for 7 months of 2020. compared to the same period in 2019. decreased by 12.4% (from 52,356. 0 billion tenge to 45,866. 4 billion tenge).
Sales turnover for large taxpayers of the Republican monitoring decreased by 20.2%.
The average revenue of online cash register machine (CRM) per taxpayer for the specified period decreased by 32.5% (from 29.5 million tenge to 19.9 million tenge).
The spread of coronavirus caused a decrease in the number of vehicles from the People's Republic of China (PRC) by 16.7%, including vehicles by 51.8%. The physical volume of imports for January-July this year decreased by 27.7% (from 1,214 thousand tons to 878 thousand tons).
As a result, receipts of customs duties and taxes from imports of goods from China decreased by 10.9% or 21.7 billion tenge.
Distributed duties from the EEU countries for January-July 2020 were reduced by 15.4% (from 185 billion rubles).tenge up to 156 billion tenge), including in July this year by 21.5%.
The plan for tax revenues to the local budget for 7 months of this year was fulfilled by 117.2%, with an over-fulfillment of 247 billion rubles.tenge.
Tax revenues in the small business (SB) amounted to 1,682 billion tenge, with an increase of 30.9%(or 397.4 billion tenge) compared to the same period last year.
In the context of local taxes, over-fulfillment is observed for CIT (by 28.7%), individual income tax on (by 20.8%) and social tax (by 16.0%).
Over-fulfillment of the (SB) plan was affected by the transfer of CIT to local budgets and the growth of the average monthly salary in the 2nd quarter of 2020 by 13.7%.