Article 486. Value added tax, offset, subject to adjustments to the Tax Code of the Republic of Kazakhstan

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 1. The amount of value-added tax that is offset, taking into account adjustments, is calculated for the tax period in the following order:

 the amount of value-added tax to be offset, determined in accordance with Article 480 of this Code,

 minus

 the amount of the value-added tax offset provided for in Articles 483, 484 and 485 of this Code in the direction of reduction

 plus

 the amount of the adjustment of the value-added tax offset provided for in paragraph 3 of Article 484 and paragraph 2 of Article 485 of this Code in the direction of increase.

 2. The amount of value-added tax deductible, adjusted for adjustments, determined in accordance with this article, may have a negative value.

The Code of the Republic of Kazakhstan dated July 18, 2025 No. 214-VIII SAM.

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Republic of Kazakhstan

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From January 1, 2026, to invalidate the Code of the Republic of Kazakhstan dated December 25, 2017 "On Taxes and Other Mandatory payments to the Budget" (Tax Code) in connection with the entry into force of the Tax Code dated July 18, 2025 No. 214-VIII SAM.

Article 486. The procedure for calculating the Social tax Code on Taxes and Other Mandatory Payments to the Budget (Tax Code) of the Republic of Kazakhstan

1. The amount of social tax is determined by applying the appropriate rates established in paragraph 1 of Article 485 of this Code to the object of taxation defined in paragraph 2 of Article 484 of this Code, taking into account the provisions of paragraph 3 of Article 484 of this Code.

2. Individual entrepreneurs, with the exception of those applying a special tax regime based on a simplified declaration, and persons engaged in private practice, shall calculate social tax by applying the rates established in paragraph 2 of Article 485 of this Code to the object of social tax taxation defined in paragraph 1 of Article 484 of this Code.

3. The amount of social tax payable to the budget is defined as the difference between the calculated social tax and the amount of social contributions calculated in accordance with the Social Code of the Republic of Kazakhstan.

If the amount of calculated social contributions to the State Social Insurance Fund exceeds the amount of calculated social tax or their amounts are equal, the amount of social tax payable to the budget is considered equal to zero.

4. Organizations operating in the territory of the special economic zone "Park of Innovative Technologies" shall calculate the social tax taking into account the provisions established by paragraph 9 of Article 709 of this Code.

5. A state body or a local executive body, by its decision, has the right to recognize the simultaneous performance of duties by its structural divisions and (or) territorial bodies for:

calculation and payment of social tax on taxable items that are expenses of structural divisions and (or) territorial bodies subordinate to such a state body or local executive body;

calculation, withholding and transfer of individual income tax on income subject to withholding taxation, which are accrued and paid to employees of structural divisions and (or) territorial bodies subordinate to such a state body or local executive body.

6. The amount of social tax calculated by state institutions for the tax period shall be reduced by the amount of social benefits for temporary disability paid in accordance with the legislation of the Republic of Kazakhstan.

7. If the amount of the paid social benefit specified in paragraph 6 of this Article exceeds the amount of the calculated social tax during the tax period, the excess amount is transferred to the next tax period.

The footnote. Article 486 as amended by the Laws of the Republic of Kazakhstan dated 10.12.2020 No. 382-VI (for the procedure of entry into force, see art. 2).

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