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Press release to the resolution of the Government of the Republic of Kazakhstan "On amendments and additions some decisions of the Government of the Republic of Kazakhstan"

Press release
to the resolution of the Government of the Republic of Kazakhstan
"On amendments and additions some decisions of the Government of the Republic of Kazakhstan"

Government of the Republic of Kazakhstan adopted resolution № 263 dated May 9, 2019 "On amendments and additions to some decisions of the Government of the Republic of Kazakhstan" (hereinafter - the resolution).

Resolution was developed in order to bring in accordance with the amendments and additions made to the Laws of the Republic of Kazakhstan "On compulsory social insurance" and "On pension insurance in the Republic of Kazakhstan" by the Law of the Republic of Kazakhstan dated December 27, 2018 "On amendments and additions to some legislative acts of the Republic of Kazakhstan on issues of population employment" and provides for amendments and additions to 5 Resolution of the Government of the RK in part:

- changes of multiplicity of the size of the minimum wage for determination of the maximum income for calculation of compulsory pension contributions (further - CPC), the maximum object of social contributions, and also at calculation of the sizes of social payments for cases of disability, loss of breadwinner;

- introduction of rules on the non-implicit opening of individual pension accounts to account for compulsory pension contributions;  

- definition of legal entities, individual entrepreneurs and persons engaged in private practice - tax agents for the payment of CPC for individuals performing work/services under contracts of SLN (State legal nature).

- edits of editorial and clarifying nature.

The adopted resolution will not have negative economic and social consequences.

Changed on 20 May, 2019 - 17:01
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