Kyrgyzstan Tax Tables 2024 - Tax Rates and Thresholds in Kyrgyzstan

This page contains the tax table information used for the calculation of tax and payroll deductions in Kyrgyzstan in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ KG, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for Kyrgyzstan or would like to add to or suggest amendments to the information herein then please contact us.

Kyrgyzstan Personal Income Tax Tables in 2024

The Income tax rates and personal allowances in Kyrgyzstan are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Kyrgyzstan Tax Calculator 2024.

Kyrgyzstan provides an annual "Standard Deduction" that is deducted from your total income to produce your taxable income in Kyrgyzstan in 2024:

In Kyrgyzstan, social security deductions made by employees are generally deductible when calculating taxable income. This means that the contributions employees make towards the social security system are subtracted from their gross income before the computation of income tax. As a result, these deductions effectively reduce the taxable income of employees, potentially lowering their overall income tax liability. This system provides a form of tax relief to employees, recognizing their mandatory contributions to the social security programs and reducing their taxable income accordingly.

Kyrgyzstan Social Security and Payroll Deduction Rates in 2024

In Kyrgyzstan, both employees and employers are required to contribute to the social security system. These contributions are aimed at providing a safety net for workers and their families, covering various aspects of social welfare. The main elements of these deductions include pension funds, healthcare benefits, and social insurance.

Pension Fund Contributions: A significant portion of social security deductions is allocated to pension funds. These contributions are intended to provide financial support to employees after their retirement, ensuring a stable source of income during their later years.

Healthcare Benefits: Contributions towards healthcare cover medical benefits and access to healthcare services. This ensures that employees and their families have the necessary medical support, contributing to the overall health of the workforce.

Social Insurance: Social insurance contributions in Kyrgyzstan provide support in various situations, such as temporary disability, maternity leave, and unemployment. These benefits are crucial for protecting employees against loss of income due to unforeseen circumstances and life events.

The social security system in Kyrgyzstan plays a crucial role in ensuring the welfare and financial security of the workforce and their families. For employers, these contributions are a mandatory obligation, reflecting their commitment to the welfare and stability of their employees. This comprehensive approach to social security ensures essential support across various life stages and circumstances, contributing to the overall social and economic well-being of Kyrgyzstan.

Kyrgyzstan VAT Rates in 2024

VAT rates for Kyrgyzstan are reviewed annually, you can use the VAT Calculator to calculate VAT due in Kyrgyzstan or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.

Historic Tax Tables supported for Kyrgyzstan

The following tax tables are supported by iCalculator™ KG as part of the suite of free tax tools we provide for Kyrgyzstan.