Turnover tax: rates, deadlines, threshold
The rate depends on the activity; report and payment monthly by the 15th. The tax authority prepares the return itself.
For information only. This is not tax advice — check the source before an important decision.
Law as of Oct 17, 2026
Who pays
Legal entities with annual income not above the threshold (by choice), sole proprietors and the self-employed (Tax Code, article 461). The threshold amount is in the article "Which tax regime to choose".
Rates (Tax Code, article 467)
| Activity | Rate |
|---|---|
| All sectors of the economy | 4.0% |
| Retail — in cities with more than 100,000 residents | 4 % |
| Retail — in other settlements | 2 % |
| Retail — in remote and mountain districts | 1 % |
| Tobacco trade | 4 % |
| Agricultural procurement organisations | 4 % or 25 % of gross income |
| Sole proprietors and self-employed | 1.0% |
Activities with different rates must be accounted for separately (Tax Code, article 468).
Tax base
Total income, excluding income not counted under article 304 and deductions under article 464 (Tax Code, articles 463, 464).
Deadlines
- Monthly report and payment — by the 15th of the following month.
- Annual report — by 15 February of the following year (Tax Code, article 470).
The tax authority prepares the return
From 2026 the tax authority generates the turnover tax return electronically. If it differs from your books, correct it within 5 days; otherwise you are deemed to agree (Tax Code, article 81). Always compare the return with your own records.
E-invoices
Turnover tax payers must also issue invoices and keep purchase and sales books (Tax Code, article 462, part 19). If you are not a VAT payer, do not show VAT on an e-invoice: the penalty is 20 % of the VAT shown plus paying that VAT (Tax Code, article 225).
If you exceed the threshold
VAT and profit tax start from the day of exceeding it. A business that voluntarily moved to VAT may return to turnover tax only after at least 12 months (Tax Code, article 462, parts 6–7).
Sources
- Soliq kodeksi, 461–470, 81, 225-moddalar — 467, 470-m.