Kazakh President Nursultan Nazarbayev stated that from January 1, 2019, the tax burden on a certain part of the country's citizens to reduce ten times, during a joint meeting chambers of Parliament.
"To support Kazakhstanis, who receive relatively low wages, from January 1, 2019, I propose to reduce the tax burden ten times and tax them at a rate of 1 percent, "Nursultan Nazarbayev.
The President explained that this measure will be for individual tax for those who receive pay less than 25 times the minimum calculated figure per month.
"It is necessary that the released funds from this reduction are aimed at increasing their remuneration, as a result, at least one-third of the country's wage earners - more than two million people - will grow wages without increasing the burden on employers," the President said.
"In the future, the government should study the possibilities of introducing a progressive scale of income tax," added Nursultan Nazarbayev.
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