Since 2019, in accordance with Chapter 17 of the Tax Code of the Republic of Kazakhstan, tax authorities have implemented the Risk Management System that can affect both partnership enterprises and sole proprietors.
In our newsletter, we will review the key criteria used by the tax authorities to classify the taxpayers according to different categories of the degree of risk, as well as some consequences relating to the falling into one or another category.

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Criteria for the degree of risk represent a combination of indicators used for assessment of the taxpayers, with subsequent categorization according to their degree of risk. Criteria for the degree of risk, which are not considered a confidential information:

1. Tax burden;
2. Среднемесячная заработная плата на 1 работника;
3. Amounts of income and expenses declared in the tax returns;
4. Transactions with the VAT deregistered taxpayers;
5. Loss reported in the tax accounting over the course of several fiscal periods;
6. Frequent alterations and additions to the previously submitted tax returns;
7. Violations identified on the results of the in-house audit;
8. Repeated approach to the limit values of the indicators allowing to apply a special tax regime;
9. Criteria that might reduce the degree of risk:
   • Participation in tax monitoring;
   • Use of cash registers with a function of data transfer;
   • Use of standard audit file;
   • Issuance of electronic invoices;
   • Use of VAT control account.

Preparation of accounting and tax accounting policies for 2018-2019 for partnership enterprises and sole proprietors throughout Kazakhstan
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Some consequences of categorizing taxpayers into different risk categories:

1. Unpaid tax debt entails the suspension of debit transactions in bank accounts and cash operations:
   • for high-risk category – within 1 day from the day the notice is given;
   • for medium-risk category – within 10 days from the day the notice is given;
2. Extension of the deadline for filing tax returns:
   • for high-risk category – impossible, except for sole proprietors applying special tax regime;
3. In case of non-payment of tax debts, collection of debts to the state budget is carried out from money held in bank accounts:
   • for high-risk category – within 5 days from the day the notice is given;
   • for medium-risk category – within 10 days from the day the notice is given.

Along with that, you can always use any of our services: