If the owner had purchased an apartment, and after six months he decided to sell it at a greater sale price, then it is required to pay individual income tax (IIT).
In this material, we will consider who should pay the tax imposed on the difference in the cost value of the apartment when buying and selling it? When and how to pay the income from the sale of an apartment?
If the owner sells the apartment, then he pays the property tax from the beginning of the year to the beginning of the month in which he sold the property. In turn, the new owner pays, starting from the month in which he acquired the housing, garage or summer house.
For example: the owner sold the apartment on June 10 of the year, he pays the tax amount for the period from January 1 to May (inclusive), and the new owner pays for the period from June to the end of the year.
Upon receipt of income, you submit a declaration of form 270.00.
Declarations of forms 250.00 and 270.00 can be submitted electronically:
You can pay for personal income tax using the budget classification code (KBK 101202) at any second-tier bank using mobile applications from such banks, for example, Kaspi.kz , BCC and HALYK. At the same time, if you pay the personal income tax on time, then select the "current period", in case of payment later than the deadline, then select "debts of previous years".
For individuals, the property income arises if there is an increase in value during the sale of real estate (dwellings, country buildings, garages, parking spaces, personal subsidiary facilities, land plots and (or) land shares, the purpose of which from the date of ownership to the date of sale are individual housing construction, suburban construction, maintenance of personal subsidiary farms, gardening, under the garage, , exclusively located on the territory of the Republic of Kazakhstan by right of ownership for less than 12 months (1 year) from the date of registration of ownership of such objects.
In addition, the property income is the difference that arises from the sale of property received free of charge, including under a donation agreement.
When selling commercial objects or land plots intended for the construction of commercial objects, the property income in the form of an increase in the cost value arises regardless of the period of ownership of the property.
For property income received in the period from January 1, 2026 to January 1, 2028
For individuals, property income arises if there is an increase in value when selling real estate (dwellings, country buildings, parking spaces, storerooms, garages, personal subsidiary facilities, land plots and (or) land shares, the purpose of which from the date of ownership to the date of sale are individual housing construction, suburban construction, maintenance personal subsidiary farm, garage, parking spaces located on the territory of the Republic of Kazakhstan by right of ownership:
- less than 12 months (1 year) from the date of registration of ownership of such objects, made before January 1, 2026;
- less than 24 months (2 years) from the date of registration of ownership of such objects, made after January 1, 2026.
In addition, property income is the difference that arises from the sale of property received free of charge, including under a donation agreement.
When selling commercial facilities or land plots intended for the construction of commercial facilities located in the Republic of Kazakhstan, property income in the form of an increase in value arises regardless of the period of its ownership.
Calculation and payment of personal income tax on property income received in 2025
Payment of the personal income tax calculated from property income based on the results of a calendar year is made by an individual independently at the rate of 10% no later than September 25 of the year following the year in which such income was received, at the place of residence (stay).
The declaration of income and property (form 270.00) must be submitted the public revenue authorities at the place of residence (stay) no later than September 15 of the year following the reporting calendar year in which the property income was received. If the income is received in 2025, the declaration is submitted no later than September 15, 2026, and the income tax is paid no later than September 25, 2026.
For example: if an apartment was bought for 14 million tenge, and sold six months later for 17 million tenge, the income from the increase in value will be 3 million tenge, which is subject to personal income tax at a rate of 10% - 300 thousand tenge. That is, the personal income tax in the amount of 300,000 tenge (10%) must be paid to the budget.
Calculation and payment of personal income tax on property income received in 2026
Payment of the IPN calculated from property income based on the results of a calendar year is made by an individual independently to such income up to 8,500 MCI (inclusive), for a calendar year at the IPN rate of 10%, over the threshold of 8,500 MCI per year – 15% of the amount exceeding it, no later than September 25 of the year following the year in which such income was received, at the place of residence (stay).
The declaration of income and property (form 270.00) must be submitted to the state revenue authorities at the place of residence (stay) no later than September 15 of the year following the reporting calendar year in which the property income was received. If the income is received in 2026, the declaration is submitted no later than September 15, 2027, and the income tax is paid no later than September 25, 2027.
For example:
1) if the apartment was bought in July 2025 for 20 million tenge, and sold six months later for 50 million tenge, the income from the increase in value will be 30 million tenge, which is less than the threshold of 8,500 MCI (36,762,500 tenge = 8,500 threshold*4325 MCI in 2026) is subject to the IPN at a rate of 10% At the same time, the amount of the IPN amounted to 3 million tenge. That is, the personal income tax in the amount of 3 million tenge (10%) must be paid to the budget.;
2) if the apartment was bought in July 2025 for 20 million tenge, and sold six months later for 60 million tenge, the income from the increase in value will be 40 million tenge, which is subject to the IPN on a progressive scale of rates: the amount of 36,762,500 tenge (8,500 threshold *4325 MCI in 2026) is subject to IPN at a rate of 10%, the amount of IPN amounted to KZT 3,676,250, the amount of KZT 485,625 over the threshold of 8,500 MCI per year – IPN at a rate of 15% of the amount exceeding it. That is, the calculated amount of personal income tax in the amount of 4,161,875 tenge (3 676 250 (10%) + 485 625 (15%) it must be paid to the budget.
In case of non-payment or incomplete payment of tax by an individual, according to Article 128 of the Tax Code, penalties are charged on the amount of debt for each calendar day of delay, starting from the day after the expiration of the established deadline for tax payment and up to and including the day of its actual repayment. The amount of the penalty is calculated based on the official base rate of the National Bank.
Upon the expiration of thirty working days from the date of delivery of the notification of tax arrears of individuals, the state revenue body issues a tax order to collect the debts of an individual in accordance with the form established by the authorized body, and no later than five working days from the date of its issuance it sends to the individual.
If an individual fails to pay off a tax debt, the state revenue authority, no later than five working days from the date of delivery of the tax order, sends such a tax order to the relevant territorial justice authorities or the regional chamber of private bailiffs for enforcement in accordance with the procedure established by the legislation of the Republic of Kazakhstan on enforcement proceedings and the status of bailiffs.
In case of non-fulfillment of a tax obligation, the state revenue authorities have the right to apply compulsory debt collection measures, including sending a notice of debt; collecting funds from bank accounts; foreclosing on the debtor's property.
In the information system of the State Revenue Committee, measures and methods of enforcement are applied automatically.
Individuals need to fulfill their tax obligations in a timely manner, as well as check for arrears through e-government services (eGov.kz) and mobile applications of government agencies to avoid the accrual of penalties and the application of liability measures.