ASTANA, Kazakhstan, January 1. Pension payments
from Kazakhstan's Unified Accumulative Pension Fund are exempt from
individual income tax (IIT) starting January 1, 2026, Trend reports.
This measure is part of the new Tax Code, which was approved by
President Kassym-Jomart Tokayev on July 18, 2025.
According to the presidential press service, the transport tax
for vehicles over 10 years old has been decreased, and the social
tax deduction for individuals with disabilities has been increased
from 882 Monthly Calculation Indicators (MРP) to 5,000 MРP.
The new tax code also consolidates the tax system by reducing
the number of taxes. The unified land tax has been abolished, and
several other taxes and charges have had their rates
simplified.
Furthermore, special tax regimes have been streamlined into
three categories: one for the self-employed, one for those using
simplified declarations, and one for agricultural enterprises.
Self-employed individuals will now be able to calculate and pay
taxes via a mobile application.
Corporate income tax remains at 20%, but differentiated rates
have been introduced for specific sectors: 25% for banks (excluding
business lending) and gambling businesses, 5% for social
organizations (increasing to 10% in 2027), and 3% for agricultural
producers.
On April 24, 1995, Kazakhstan passed its first modern tax law,
which included the introduction of individual income tax (IIT). The
foundation of the post-Soviet tax system in the country was laid by
this original law, which also comprised a value-added tax, excises,
and corporate income taxes. For the member states of the
Commonwealth of Independent States (CIS), this was the first
uniform tax code, and it went into effect on July 1, 1995.
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