As of the end of 2024, tax revenues in Uzbekistan increased by more than 20%, according to the press service of the Tax Committee.
Last year, tax payments amounted to 199.6 trillion sums. In the regions, revenues grew by 24.4%, while in districts, the increase was 37%. The highest growth was recorded in Tashkent at 27%, Syrdarya region at 25%, and Tashkent region at 23%.
By type of tax compared to 2023:
- profit tax – 52.7 trillion sums (up by 29.1%);
- VAT – 39.6 trillion sums (+16.4%);
- personal income tax – 35.4 trillion sums (+18.3%);
- mineral resource usage tax – 20.2 trillion sums (+31.8%);
- excise tax – 17.8 trillion sums (+17.4%);
- non-tax revenues – 15 trillion sums (no growth observed);
Among other revenues are land tax (8.2 trillion sums, +19.2%), property tax (6.8 trillion sums, +33.5%), turnover tax (2.8 trillion sums, +17.6%), and water resource usage tax (1.2 trillion sums, +48.3%).
According to the Tax Committee, the activities of 64.5 thousand small businesses that faced temporary financial difficulties have been restored, along with the creation of 134.8 thousand new enterprises.
“Additionally, thanks to the ‘Avtokameral’ system, recalculations amounting to 37.9 trillion sums were voluntarily submitted, reflecting the tax base, which allowed avoiding financial sanctions amounting to 13.8 trillion sums,” the agency stated.
Currently, invoices and cash receipts are issued 100% electronically. For instance, VAT reporting is automated at 93%, while property and land tax reporting, as well as turnover tax reporting, are at 100%. The turnover through the ESF grew by 17.3% over the year (including VAT). More than 1 billion sums worth of receipts have been issued through online cash registers, totaling 261.1 trillion sums.
Through the “Sunny House” service, 10.2 thousand users received subsidies totaling 11.6 billion sums, while through the “Social Cashback” service, 135.7 thousand users were refunded VAT amounting to 24.6 billion sums.
The Tax Committee also notes that over the past year, more than 31 thousand entrepreneurs improved their sustainability ratings. The total number of entities with high ratings increased by 4.5 times, exceeding 7.5 thousand. More than 1.1 thousand entities with an “AAA” rating received VAT refunds of 1.9 trillion sums in one day without inspections.
“In 2025, the goal is set to ensure tax revenues of 224 trillion sums,” the tax authority stated.
In the upcoming year, plans are in place to enhance taxpayer services through digital transformation, develop the ‘mahallabay’ and ‘korhonabay’ systems based on KPIs, improve tax control in combating the shadow economy, monitor expenditures, and implement tax monitoring in enterprises with a high state share.
Earlier, Spot reported that VAT on a number of transport services in the import-export sector will be eliminated.