
Kazakhstan Tax Changes: Retroactive Rules and What You Need To Do
Kazakhstan Announces Retroactive Tax Changes for 2025: What You Need to Know Kazakhstan's government recently announced significant changes to individual income tax (IIN) laws, effective retroactively from January 1, 2025. These changes impact deductions for mortgages, healthcare, education, and large families. The standard deduction has been increased from 14 to 30 Monthly Calculation Indices (MRP). "The changes are retroactive, meaning we need to recalculate taxes for the past months of 2025," explains Anastasia Makovа, a tax consultant featured in a recent video explaining the changes. The changes mean many taxpayers will owe additional taxes. The government has set a deadline of the 25th of the month following the law's enactment for tax adjustments. The video also highlights provisions for those no longer employed by a tax-withholding agent. These changes underscore the importance of staying informed about tax laws and their potential impact on personal finances. Further clarification from the government is expected to provide additional guidance to taxpayers.