Official Source of the
Prime Minister of the
Republic of Kazakhstan
Close button

97% of entrepreneurs switched to online cash registers — Ministry of Finance

Tuesday, 30 June 2020, 10:12:55

At the government session chaired by Prime Minister Askar Mamin, measures taken to reduce the shadow economy were reported by Acting Minister of Finance Berik Sholpankulov.

The election program of the Nur Otan Party "Kazakhstan-2021: Unity. Stability. Creation,” the task was set to reduce the size of the shadow economy in GDP from 29% in 2016 to 25% in 2019. The Strategic Development Plan of the Republic of Kazakhstan until 2025 provides an indicator to reduce the share of the shadow economy in GDP by 2025 to 20%

In order to achieve its objectives, the government is implementing an Action Plan to counteract the shadow economy for 2019-2021.

The main directions of the Plan are:

  • digitalization of tax and customs administration;
  • development of cashless payments;
  • countering the legalization of proceeds of crime;
  • improvement of legislation.

In accordance with the measures taken under the Plan, it was possible to achieve a reduction in the shadow economy to 23.62% of last year's GDP. The task set in the Nur Otan election program has been completed ahead of schedule.

The largest decline is observed in trade — by 10.7%. In general, by industry, its level was: transport and storage — 17%, agriculture, forestry and fisheries — 9.7%, construction — 8.3%, industry — 6.5% of the total share of the shadow economy.

At the end of 2019, the budget received an additional 1.5 trillion tenge. The main amount — about 916 billion tenge of revenues — comes from the digitalization of tax and customs administration. The remaining 580 billion tenge falls on other areas.

Sholpankulov elaborated on the implementation of the main activities.

The information system Electronic Invoices was put into operation. So, from Jan. 1, 2019, all VAT payers were transferred to the mandatory statement of Electronic Invoices and today more than 440 thousand users are registered with 433 million e-invoices.

The users of IS Electronic Invoices have brought additional 290.2 billion tenge to the budget. By the end of 2020, an additional income of about 140 billion tenge is expected.

The product labeling system has been tested. As a result of labeling of fur products in 2019, revenues increased 2 times. In 2020, it is expected to receive up to 1 billion tenge. In addition, it is planned to expand the list of goods for labeling, such as tobacco products, alcoholic beverages, shoe products, medicines and dairy products.

Since the beginning of this year, the mandatory use of online cash registers has begun. To date, the total number of users of cash registers is 728 thousand, of which 710 thousand, or 97.45%, switched to online cash registers.

Today, more than 5.8 thousand taxpayers work in the Virtual Warehouse module, due to which an additional 243 billion tenge are received.

On the basis of existing information systems, a National Product Traceability System is being formed, which consists of the following information systems: ASTANA-1, Electronic Invoices, Virtual Warehouse module, Product Labeling, Risk Management System and online cash registers.

Since October 2020, electronic accompanying invoices for goods will be introduced in the information system. In general, the system will allow you to track the entire chain of movement of goods to its retail sale. After the formation of the system, the issuance of fictitious invoices will be suspended.

In addition, a third-party database has been created for tax administration purposes. In 2019, the budget additionally received taxes in the amount of 18.6 billion tenge.

Another effective tool is the treasury support of public procurement in the construction industry. Thus, the tax burden ratio increased by 2.3 times among participants in public procurement. 54.4 billion tenge were received additionally. Due to digitalization and transition to cameral control, approaches to tax audits have been revised. As a result, their number was reduced by 29%. At the same time, the detectability of violations increased 2-fold or 344 billion tenge was additionally charged.

One of the main areas of the Ministry of Finance is to reduce discrepancies in mirror customs statistics. Today, electronic exchange of customs declarations between Kazakhstan and China is online.

“This allowed us to reduce the discrepancy in Kazakhstan's imports from China from 60% in 2017 to 48% in 2019. According to the results of 5 months, the discrepancy decreased to 39%. In addition, 236 billion tenge came to the budget last year,” the acting minister said.

To identify risks associated with violations of tax legislation, the IS Risk Management System was launched.

As a result of the implementation of the IS for 2019, the budget received about 85 billion tenge, from the beginning of 2020 — 34.9 billion tenge.

A Situation Center has also been created, which allows monitoring processes along the external borders of the EAEU. Compared with 2018, the detection of facts of false declarations of goods was increased 5.5 times. Additionally, 2.3 billion tenge came to the budget for customs payments and taxes.

The tax administration of imports from the EAEU countries has been strengthened; the Export Control module has also been put into trial operation. As a result, an additional VAT of 122 billion tenge was received.

In the framework of the development of cashless payments, the following measures have been taken:

  • the application of electronic invoices is considered in order to confirm deductions for CIT for transactions of more than 1 thousand MCI;
  • a mobile application is being developed for self-employed individuals and micro and small business entities to pay taxes;
  • services for non-cash payment of taxes and alerts through push notifications are expanding.

The issue of limiting the deduction of expenses in cash on transactions over 1,000 MCI is being considered.

In the framework of the legislation, the procedures for financial monitoring to identify criminal proceeds were changed. The procedures for international cooperation with the financial intelligence of countries are also regulated. The work of the Economic Investigation Service has been reorganized in the direction of detecting crimes exclusively in the shadow sphere.

Since August 2019, the ministry, together with the General Prosecutor's Office and the National Security Committee, has been carrying out the STOP-cash-out operational and preventive measure. As a result, the growth rate of cashing decreased from 52% in 2018 to 14% in 2019. Since the beginning of the year, there has been a 31% decrease in cash withdrawal.

As Sholpankulov noted, the main comprehensive measures are now at the implementation stage. Effective and well-coordinated work of all state bodies is required to achieve the assigned task. In this regard, on the basis of the Project Office, about 60 additional measures of a sectoral nature have been developed. These measures are aimed at digitalizing and public services and improving administration procedures.

“This will reduce administrative barriers and create favorable conditions for doing business. In general, we are confident that the ongoing initiatives will reduce the shadow economy in the country,” Sholpankulov said.

News feed
30 September 2020, 10:17
Government considers readiness of regions for heating season
30 September 2020, 09:59
Mamin instructs to ensure 100% readiness of sanitary and epidemiological measures
29 September 2020, 10:54
Mechanical engineering, support for SMEs and industrial projects — how Kostanay region developed during pandemic
29 September 2020, 10:11
Government session to be held Sep. 30 in Ukimet Uyi
27 September 2020, 17:48
Prime Minister of Kazakhstan Askar Mamin and President of Tatarstan Rustam Minnikhanov launch three projects in automotive industry 
25 September 2020, 16:35
Reorientation to fish farming, improvement of legislation and measures of state support — how fish industry developed in Kazakhstan
24 September 2020, 17:38
Prime Minister Askar Mamin holds seminar on development of country's fishing industry in Shardara 
24 September 2020, 12:14
Arman Shakkaliyev relieved as chair of Committee for Technical Regulation and Metrology of Ministry of Trade and Integration
23 September 2020, 17:50
Baiterek Holding increases financial support of manufacturing sector by 17% 
23 September 2020, 14:43
Astana EXPO-2017 wind power station to reach full capacity of 100 MW by end of 2020
22 September 2020, 12:12
Harvesting in Kazakhstan completed by 93.4% — Ministry of Agriculture 
22 September 2020, 11:16
Sixty-five public organizations for protection of consumer rights operate in Kazakhstan — Ministry of Trade and Intergation
22 September 2020, 10:05
Head of Government gives several instructions to strengthen consumer protection 
22 September 2020, 10:02
Export potential of harvest in Kazakhstan to reach 7.5-8 million tons of grain in 2020
21 September 2020, 16:51
Government session to be held Sep. 22 in Ukimet Uyi 
21 September 2020, 12:54
Government considers issues of mass sports development 
18 September 2020, 18:26
Issues of preserving jobs and timely payment of wages discussed in Government of Kazakhstan
17 September 2020, 18:56
Prime Minister Askar Mamin meets with President of Turkmenistan Gurbanguly Berdimuhamedov
17 September 2020, 18:45
Government of Kazakhstan discusses issues of social protection of disabled people
16 September 2020, 18:09
Yerlan Kiyasov appointed Vice Minister of Healthcare - Chief State Sanitary Doctor of the Republic of Kazakhstan
15 September 2020, 12:26
Work underway in Kazakhstan to saturate domestic market with basic products for stabilizing prices — Ministry of Agriculture
15 September 2020, 10:27
Price increase for socially significant food products will not exceed 6% by the end of 2020 — Ministry of Trade and Integration
15 September 2020, 10:07
Prime Minister of Kazakhstan Askar Mamin instructs to ensure strict control over stability of prices for socially significant food products
15 September 2020, 09:44
Under Industrialization Map in Kazakhstan, 206 projects worth 1 trillion tenge to be introduced in 2020
15 September 2020, 09:29
For 8 months of 2020, 4.3 thousand new jobs created under Industrialization Map — Ministry of Industry and Infrastructure Development
14 September 2020, 22:47
Introduction of Industry 4.0 in Kazakhstan, or how smart factories worked during quarantine period and global pandemic
14 September 2020, 18:42
Interdepartmental Commission adopts decisions on work of businesses
14 September 2020, 14:02
Government session to be held Sep. 15 in Ukimet Uyi
14 September 2020, 10:51
Strategic directions for development of Eurasian Economic Integration until 2025 considered at session of EEC Council
11 September 2020, 13:07
Prime Minister Askar Mamin introduces Minister of Emergency Situations Yuri Ilyin
10 September 2020, 23:45
Distance learning, epidemiological situation, provision of villages with Internet — how educational process organized in Kazakhstan
10 September 2020, 13:12
Production of electronics industry of Kazakhstan to increase 8.5 times over 3 years
09 September 2020, 15:06
Roman Sklyar pays working visit to Atyrau region
09 September 2020, 11:59
Ministry of Healthcare on CVI: In Kazakhstan, there is a 6-fold decrease in bed occupancy
09 September 2020, 11:31
Food production for 8 months of 2020 increased by 3.6% — Ministry of Agriculture
09 September 2020, 11:21
Market of Kazakhstan fully provided with petroleum products of domestic production — Nogayev 
09 September 2020, 11:19
In Kazakhstan, total volume of container transit traffic increased by 37% — Ministry of Industry and Infrastructure Development
09 September 2020, 11:02
Measures taken stabilized epidemiological situation in the country — Prime Minister of Kazakhstan Askar Mamin 
09 September 2020, 10:54
Following results of 8 months of this year, positive dynamics remains in basic sectors of economy
09 September 2020, 10:53
Government adopts National Plan for Implementation of Address of the Head of State to People of Kazakhstan
09 September 2020, 10:25
604 loans issued under Economy of Simple Things Program — National Bank
09 September 2020, 10:20
Following results for 8 months of 2020, state budget received 5.5 trillion tenge of revenues — Ministry of Finance
09 September 2020, 10:13
Growth in construction, agriculture and manufacturing industry — Ruslan Dalenov reports on results of socio-economic development for 8 months of 2020
09 September 2020, 10:06
Draft National Action Plan for implementation of President's Address includes 10 key areas
07 September 2020, 17:10
It is planned to double fines for violations in the field of environmental protection — Magzum Mirzagaliyev spoke about implementation of President’s Address
07 September 2020, 16:33
Digitalization of land relations to eliminate human factor, bureaucracy and corruption — Omarov on implementation of President's Address
07 September 2020, 16:27
Beibut Atamkulov on implementation of President's Address: Mechanism for subsidizing rent to be approved by the end of 2020
07 September 2020, 16:14
Government session to be held Sep. 9 in Ukimet Uyi
07 September 2020, 15:39
Focusing on industry and development of transport infrastructure in Kazakhstan — Roman Sklyar speaks about main aspects of President's Address
06 September 2020, 09:34
Video Digest: Main events of the week, No. 76
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.