Kazakhstan raises threshold for tax checks on mobile transfers

Kazakhstan has raised the threshold for tax checks on mobile transfers by individuals. According to the report, tax authorities may now scrutinise receipts exceeding 1,560,000 tenge over three months. The order containing the new adjustments was signed by Finance Minister Madi Takiyev.

Exceeding the amount alone is not enough; several conditions must be met at the same time. Money must arrive from 100 or more different senders over three months, and the total transfers for that period must exceed the set limit. Banks will pass information on such transactions to the State Revenue Committee through the Smart Data Finance digital system. The aim is to identify people who use personal accounts for business activity, do not register their business and evade taxes.

The Ministry of Finance also noted that ordinary transfers between relatives and friends are not, in themselves, grounds for a tax check.