Uzbekistan to abolish fixed annual turnover tax rates from 2026
Fixed annual turnover tax rates, introduced in 2023 as an alternative to the 4% turnover tax, will be abolished on January 1, 2026. Before their abolition, these rates will be increased by an average of 20% starting January 1, 2025.
For individuals with a total income of up to 500 million UZS, the fixed turnover tax rate will increase from 25 million to 30 million UZS per year. For those with income exceeding 500 million UZS, the rate will rise from 34 million to 40 million UZS annually.
Additionally, tax rates for fixed-amount taxpayers will be adjusted, with new ranges established for Tashkent and other regions. The specific rates will be set by the Jokargy Kenes of the Republic of Karakalpakstan, the Councils of People's Deputies in regional areas, and the city of Tashkent, based on the economic development levels of districts and cities.
Freight carriers will also see an increase in fixed rates. For trucks with a payload capacity of up to 3 tons, the rate will rise to 200,000 UZS (from the previous 181,500 UZS), while for trucks exceeding 3 tons, the rate will increase to 300,000 UZS (from 275,000 UZS).
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