New rates of taxes and payments were set in line with the presidential resolution “On forecast of main macroeconomic figures and parameters of the state budget of Uzbekistan for 2013”.

According to the resolution, the government kept current rates on main taxes, including income tax for legal entities, tax for accomplishment and development of social infrastructures, single payment tax for micro firms and small enterprises, value added tax, and other taxes and mandatory payments.

At the same time, minimal rate of income tax for individuals cut by 1 percentage point from 9% to 8%. Maximum and average rate was kept at the level of 2012 (16% and 22% respectively).

At the same time, the government sent new norm, in line with which the tax scale for groups of taxable income is determined based on the minimum wage size (MW), setin the beginning of the year - on 1 January 1 2013 (79,590 soums), and is not reviewed within a year even it will change. Appropriate changes have been made to Tax Code.

A similar order was established at determining a fixed tax rate, calculated at the size, equal to minimum quantity of wage. In addition, the rate of fixed tax, paid at rendering parking services, was decreased, except in Tashkent city.

The rate of single social payment was kept at 25%. The rate of insurance fee to off-budget Pension Fund fell from 5.5% to 6%.

From 1 January 2013, all single tax payers (excluding retail traders) will pay tax based on a single base, which is calculated based on three minimal size of land tax. Land tax is calculated based on their owned land. Retail trades will pay single tax payers on fixed tax, which is paid by individual entrepreneurs engaged in similar activity.

The rate of property tax for individuals rose from 0.9% from inventory cost of the property to 1.04%, excluding property located in cities with total area of over 200 square meters, cottages, garages, other buildings, premises and establishments.

The rate of tax for houses and flats, located in cities, with total area of over 200 and up to 500 square meters, grew from 1.1% to 1.25% and over 500 square meters – from 1.35% to 1.55%.

The minimal size of rent payment per one square meter was not changed – 3,000 soums in Tashkent, 2,000 soums for Nukus and city regional centers and 1,000 soums for other settlements.

The Government also indexed and increased acting rates for excise tax for alcohol products (in average 17%), land tax, tax for consumption of water resources, tax for consumption of gasoline, diesel fuel and gas for vehicles in part of gasoline and diesel fuel (by 40 soums to 240 soums).

Tax for consumption of compressed and liquefied gas for vehicle was kept at the level of 200 soums per cubic meter and 165 soums per liter respectively.