zakonkz.com

The Finance Minister clarified the widespread freezing of bank accounts belonging to Kazakh citizens.

In Kazakhstan, there has been a surge in complaints regarding the blocking of bank accounts, leading to widespread dissatisfaction among citizens. Finance Minister Madi Takiyev addressed the reasons behind these measures and announced forthcoming changes aimed at alleviating the situation. This information was reported by Bizmedia.kz.
The Finance Minister clarified the widespread freezing of bank accounts belonging to Kazakh citizens.

According to the minister, the mass account freezes are linked to the end of the reporting period for the third quarter. The deadline for citizens to submit their declarations was November 15, and the final date for tax payments is November 25. If payments are not made, accounts are blocked.

However, as Takiyev noted, the blocking is most often related not to tax debts but to unpaid contributions for health insurance and social payments.

The minister emphasized that with the adoption of the new Tax Code, there are plans to address the issue of account blocking. In particular, the threshold for debt, beyond which accounts are blocked, will be raised to 6 MRP.

“Currently, blocks start from the minimal debt amount — from 0 tenge. We propose raising the threshold to 6 MRP so that accounts are not blocked for minor debts,” Takiyev explained.