Kazakhstan approves law on tax deduction for low-income citizens

Kazakhstan approves law on tax deduction for low-income citizens

President of Kazakhstan Nursultan Nazarbayev has approved amendments on social security issues, according to which taxes will be reduced for Kazakhstan citizens with an income of less than 60000 tenge.

The press service of the government said that it will lead to the fact that the salary of more than two million people in the country will increase. It is planned that this rule will be put into effect from January 1, 2019.

Payments to persons who take care of adults with disabilities of the first group since childhood have been introduced by means of the amendments from July 1, 2018.

It will become an extra cash assistance in the amount of about 30,000 tenge per month for 14,000 families. This benefit will be granted for life.

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