--- title: "Introduction of royalty on solid minerals to be postponed to 2029" country: KZ lang: en author: Сапа Т.И. (https://buhgpt.kz/authors/sapa-ti) date: 2026-09-23 canonical: https://buhgpt.kz/suraqtar/vvedenie-royalti-na-tverdye-poleznye-iskopaemye-perenesut-en source: BuhGPT --- # Introduction of royalty on solid minerals to be postponed to 2029 > **TL;DR:** At a meeting of the Project Office for the implementation of the new Tax Code, taxation of solid mineral extraction was discussed. Following the discussion, a proposal was made to postpone the introduction of royalties on solid minerals to 2029. Let's break down what this mean --- At a meeting of the Project Office for the implementation of the new Tax Code, taxation of solid mineral extraction was discussed. Following the discussion, a proposal was made to postpone the introduction of royalties on solid minerals to 2029. Let's break down what this means for the industry and what to pay attention to right now. What happened The issue of taxation of solid mineral extraction was considered at the 28th meeting of the Project Office for the implementation of the Tax Code. The meeting was chaired by Deputy Prime Minister — Minister of National Economy Serik Zhumangarin. The Ministry of Industry and Construction proposed postponing the deadline for introducing royalties on solid minerals. Following the discussion, the postponement is to 2029. This means that the corresponding new provisions of the Tax Code concerning royalties are planned to be applied later than previously assumed. In addition to royalties, the same meeting also discussed the issue of exempting individuals from individual income tax (IIT) when problem debt on loans and microloans is written off. Who is affected The postponement of the royalty introduction directly affects subsoil users and companies operating in the field of solid mineral extraction. For them, this is a matter of planning the tax burden and investment decisions for the coming years. Indirectly, the topic is also important for related sectors — suppliers of equipment and services for the mining industry, regional budgets, as well as tax and accounting specialists who support such companies. A separate block — the discussed exemption from IIT when problem debt is written off — concerns individuals whose debt on loans and microloans is being written off. For them, it is important to understand that when a debt is written off, the question of taxation of the benefit received may in principle arise, and it was exactly this situation that the discussion touched on. What this changes in practice The postponement of the deadline is, above all, a signal that the new rules on royalties for solid minerals are not yet coming into effect within the previously expected timeframe. Companies should view this as a reason to re-check their financial models and assumptions laid out for the future tax burden. It is important to keep in mind that the final parameters depend on how the relevant provisions will be enshrined in the Tax Code and related acts. Until then, any calculations remain preliminary. What to do now - Track official publications. Rely on decisions of the Project Office for the implementation of the Tax Code and statements from relevant ministries, not on rumors and retellings. - Review your planning. If your company had budgeted for the royalty introduction in an earlier period, adjust your scenarios to account for the discussed postponement to 2029. - Prepare in advance. The postponement of the deadline provides additional time to set up correct tax accounting for extraction and to work out in advance the procedure for calculating future payments. - Consult specialists. For disputed situations — both regarding royalties and IIT issues when debt is written off — engage tax specialists who work with the current version of the rules. Timeline According to the discussion, it is proposed to postpone the introduction of royalties on solid minerals to 2029. The specific procedure and details for applying the new provisions are being determined as part of the work on the Tax Code, so final wording and exact dates should be tracked through official sources. Frequently asked questions To what year is it proposed to postpone the introduction of royalties on solid minerals? — It is a matter of postponing to 2029; the initiative for the postponement came from the Ministry of Industry and Construction. Who considered this issue? — The issue was discussed at a meeting of the Project Office for the implementation of the Tax Code, chaired by Deputy Prime Minister — Minister of National Economy Serik Zhumangarin. Who is affected by the royalty postponement? — Primarily subsoil users and companies engaged in solid mineral extraction, as well as related industries and regional budgets. What else was discussed at the meeting? — In addition to royalties, the issue of exempting individuals from IIT when problem debt on loans and microloans is written off was considered. Does the postponement mean the royalty has been cancelled? — No, it is specifically about postponing the introduction deadline, not cancellation; the final parameters are enshrined in the Tax Code. --- _BuhGPT — ИИ-помощник для бухгалтеров Казахстана: https://buhgpt.kz_