Dear Readers,

A Law1 on amendments to the state budget for 2020-2022 changed the following indexes effective from 1 April 2022:

  • The minimum state basic pension is 20 191 tenge (previously 19 450 tenge);
  • The minimum pension is 48 032 tenge (previously 46 302 tenge);
  • Monthly index factor for the calculation of social allowances - KZT 3 180 (previously KZT 3 063);
  • The cost of living for the calculation of basic social benefits is 37 389 tenge (previously 36 018 tenge).

The minimum monthly salary remained unchanged at 60 000 tenge.

An explanatory letter2 of the state revenues committee issued on 26 May 2022 clarified that the monthly index factor indexed from 1 April 2022 is applicable only to the calculation of benefits and social allowance payments. For the calculation of taxes taxpayers should continue to apply the monthly index factor effective on 1 January 2022 (3 062 tenge).

1 Law No. 121-VII On Amendments and Additions to the Law on the State Budget for 2020-2022, dated 12 May 2022

2 Response of the Head of the State Revenues Committee of the Ministry of Finance of Kazakhstan to Question No.739794 of 17 May 2022, dated 26 May 2022 (dialog.egov.kz)