The State Tax Committee has offered data on adjustments to
worth added tax, revenue tax, turnover tax, excise tax and private
revenue tax, Trend
reviews citing Kun.uz.
Reportedly, the revenues of the 2023 price range are deliberate based mostly on
the primary macroeconomic indicators, the anticipated costs of uncooked
supplies on the world market, adjustments within the tax coverage, and the
enchancment of the tax and customs administration.
In the tax coverage set for 2023, the essential tax charges of revenue
tax are saved at 15%, private revenue tax at 12%, and property tax
At the identical time, with a purpose to enhance funding attractiveness
within the republic, it’s proposed to make quite a lot of necessary
adjustments in figuring out the tax coverage of 2023.
The following are proposed when it comes to decreasing and unifying tax
charges and creating extra amenities with a purpose to additional
enhance the enterprise setting.
At the identical time, it’s predicted that in 2023, the revenue from
this tax shall be 16 trillion soums greater than this 12 months.
Also, with a purpose to create extra advantages for entrepreneurs,
the charges of turnover tax from 4% to 25% for 14 forms of exercise
are unified and set to a single 4%.
For data, in the course of the dialog with businessmen, the
President put ahead the proposal to categorize enterprises with
annual turnover as much as 1 billion soums as micro, as much as 10 billion
soums as small and as much as 100 billion soums as medium companies.
Based on this, a number of advantages are provided to businessmen.
In this case, relying on the area and kind of exercise,
diminished charges of 1% to three% shall be maintained.
Entrepreneurs with a turnover of as much as 500 million soums have
the fitting to pay a hard and fast tax of 20 million soums a 12 months, and people
with a turnover of greater than 500 million soums – 30 million soums
in equal month-to-month installments.
These taxpayers are exempted from accounting and dividend
Along with this, with a purpose to stimulate the event of small
and medium-sized companies, it’s deliberate to cut back the revenue tax
price by 2 occasions for 1 12 months for entrepreneurs belonging to the
class of small companies whose turnover exceeds 1 billion
To guarantee the steadiness of native price range revenues, mounted tax
charges and bases are purported to be listed inside inflation or by
10%. In this case, it’s deliberate to implement the indexation of
excise tax charges from February 1, 2023.
The gradual abolition of tax advantages can be ongoing.
In specific, from April 1, 2023, exemptions from VAT for a
variety of providers offered on the expense of price range funds are
At the identical time, the expiration of the tax and customs
privileges granted by different regulatory authorized paperwork was additionally
taken into consideration within the price range revenues.
Due to the advance of tax and customs administration, the
quantity of roughly 1% of the gross home product or 9.2
trillion soums is offered within the extra deliberate price range
Changes to the excise tax laws
From February 1, 2023, the excise tax charges on oil merchandise and
manufactured alcohol and tobacco merchandise shall be listed to
Starting from January 1, 2023, the excise tax on the manufacturing
of alcohol merchandise (besides tender drinks) shall be calculated based mostly
on the share of ethyl alcohol within the excised product. In this
case, the unit of measurement of the produced alcohol product was
outlined as “liter” (beforehand it was “daL”).
In 2022, the speed of excise obligation on vodka, cognac and different
alcohol merchandise was set at 138,000 soums per 1 dal (or 13,800
soums per 1 liter).
In 2023, the excise tax price for these merchandise is ready at 34,500
soums per liter of ethyl alcohol with out added water within the excise
For instance, the share of ethyl alcohol in vodka is 40%, the
quantity of excise tax for 1 liter is 13,800 soums (34,500 soums x
40%), and from February 1, 2023, making an allowance for indexation –
15,200 soums (38,000 soums x 40%).
From January 1, 2023, the speed of excise tax on the next
shall be elevated by 5 occasions and can quantity to 7,450 soums per 1
– rectified ethyl alcohol from meals uncooked supplies;
– technically rectified ethyl alcohol from etheraldehyde
– ethyl alcohol from the primary fraction.
From January 1, 2023, the excise tax charges on the import of
alcohol and tobacco merchandise have been diminished by 5%.