Over 7,000 jobs created in the service sector as a result of the application of a reduced social tax rate
Tashkent, Uzbekistan (UzDaily.com) -- From 1 April 2022 to 1 January 2025, a social tax rate of 1% has been established for business entities in the field of:
retail and catering,
hotel services (accommodation),
passenger and freight traffic,
repair and maintenance of vehicles,
repair of household appliances,
agro- and veterinary services,
services provided in entertainment centers.
At the same time, the benefit is applied if, according to the results of the current reporting (tax) period, their income from the provision of services for these types of activities is at least 60% of their total income.
As a result of the application of a reduced tax rate in April-June of this year, 15.4 thousand organizations have at their disposal funds in the amount of 70.1 billion soums and created 7.3 thousand additional jobs.
Of these, in the context of the above areas, the largest part falls on the retail trade and public catering - 4,754 jobs.
Following are the services of passenger and freight transportation - 1,271 jobs and hotel services (accommodation) - 752 jobs.