The size of the state budget appropriations approved
Tashkent, Uzbekistan (UzDaily.com) -- Presidential Resolution “On measures to ensure the implementation of the Law of the Republic of Uzbekistan “On the State Budget of the Republic of Uzbekistan for 2022” was adopted.
To ensure the implementation of the Law "On the State Budget of the Republic of Uzbekistan for 2022", the following were approved:
Limits for budget allocations for second-tier budget funds managers in 2022;
The minimum allowable amounts of working cash of the republican budget of the Republic of Uzbekistan, the budget of the Republic of Karakalpakstan, local budgets of regions and Tashkent city for 2022;
Forecasts of incomes of the State budget of the Republic of Uzbekistan for 2022;
The list of large taxpayers, income tax from which is sent to the republican budget of the Republic of Uzbekistan in full.
From 1 January 2022, social tax revenues are distributed:
a) for budgetary organizations:
to the off-budget Pension Fund - 99.2%;
to the State Fund for the Promotion of Employment and the Fund for Engaging the Population in Entrepreneurship - 0.4%;
to the Council of the Federation of Trade Unions of Uzbekistan - 0.4%;
b) for other payers:
to the off-budget Pension Fund - 98.4%;
to the State Fund for the Promotion of Employment and the Fund for Engaging the Population in Entrepreneurship - 0.8%;
to the Council of the Federation of Trade Unions of Uzbekistan - 0.8%.
In addition, the following tax rates have been approved for 2022:
a) for JSC "Navoi Mining and Metallurgical Plant" and JSC "Almalyk Mining and Metallurgical Plant":
income tax - based on the degree of profitability (Appendix No. 5 to the resolution);
tax for the use of mineral resources for gold - 10% and for palladium, silver, copper - 15%. In this case, the tax base for the tax for the use of subsoil is determined without deducting the costs of processing (enrichment), processing (refining) and transportation;
b) for Uzbekneftegaz JSC for oil, natural gas and gas condensate - 15%.
The fee for gold jewelry sold in retail trade has been kept at the rate of 1,000 soums per gram.
It was determined that payments to individuals in the amount of 1% of the purchase amount made by them at retail, catering and consumer services facilities are made at the expense of funds planned for VAT refund in terms of republican budget revenues.
a list of goods, when imported into the territory of the Republic of Uzbekistan, zero customs duty rates are applied until 31v 2022;
target indicators related to the use of budget funds by 40 first-tier budget funds managers for 2022–2024.
Along with this, it was established that:
from 1 June 2022, as an experiment, step by step until the end of the year, all unitary enterprises within the Ministry of Water Resources and the Committee for Roads are provided services exclusively by the Treasury of the Ministry of Finance;
free funds of unitary enterprises, transferred to the Treasury of the Ministry of Finance, are placed on the deposits of commercial banks by submitting an application;
free funds of the SUE in national currency placed on deposits of commercial banks until 2022 are transferred to the corresponding treasury personal accounts after the expiration of the term of the deposits without extending their term.
In order to prevent a sharp increase in the tax burden in 2022, it was established that:
the amount of land tax levied on individuals (except for land plots used in entrepreneurial activity) should not exceed the amount of tax accrued in 2021 by more than 1.3 times;
the amount of property tax for individuals calculated on the basis of the cadastral value determined in 2018 cannot exceed the amount of tax accrued for 2021 by more than 1.3 times.
In addition, taxpayers are entitled to:
provide a certificate of the amount of property tax of legal entities for 2022, excluding the minimum size of the cost of one square meter of immovable property until 1 February 2022;
reconcile the area of real estate objects in the cadastre authorities before 1 April 2022, submit an updated certificate of the amount of property tax of legal entities for 2022 without applying liability measures in the form of calculating penalties;
carry out an independent appraisal of the value of real estate by 1 October 2022 with the involvement of an appraisal organization and submit to the tax authorities an updated certificate of the amount of property tax of legal entities for 2022 and a report on the appraisal value. At the same time, the tax authorities must be notified by April 1, 2022 of the planned independent appraisal of real estate objects;
submit tax reports on land tax on non-agricultural land until 1 February 2022.