STATE REVENUE COMMITTEE

OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

Press Release

Is it possible for individuals who are not registered as individual entrepreneurs

to rent out an apartment?

In accordance with the Business Code of the Republic of Kazakhstan, an individual who does not use employees’ labour on a permanent basis has the right not to register as an individual entrepreneur when receiving property income.

The income received by an individual (not individual entrepreneur) from renting property to persons, who are not tax agents (individuals), is property income.

Accordingly, an individual who rents an apartment to an individual, regardless of the threshold, has the right not to register as an individual entrepreneur.

Provided that such an individual has an obligation to submit a Declaration on Personal Income Tax (form 240.00) to the tax authority at the location (residence) no later than March 31 of the year following the year in which the property income was received.

Also, an individual must calculate the Personal Income Tax at a rate of 10% and pay no later than April 10 of the year following the year in which the property income was received.

For example, if an apartment was rented during 2018, the Declaration must be submitted no later than March 31, 2019.

Given that the last day of the term, i.e. March 31, 2019, falls on a non-working day, then the deadline for tax reporting submission expires at the end of the next working day, i.e. April 1, 2019.

A declaration in an electronic form can be submitted via the “Taxpayer’s Cabinet” Web application (hereinafter - TPC) at http://cabinet.salyk.kz or using the IS TRPS client application for taxpayers, which is implemented as an alternative method of submitting tax reporting forms in an electronic form.

You can download and read the instructions for using this information system at https://kgd.gov.kz/ru/section/sono.

When there is no access to the Internet, you can use taxpayer terminals, which are available at each territorial state revenue administration, where computers are provided to send a declaration.

It is recommended to submit tax reporting in advance, since in the last days of the tax reporting submission, there is a peak load on information systems, which greatly complicates the process of submitting a declaration by users.

Press Service

of the State Revenue Committee MF RK

(Zhenis Ave, 11)