State Tax Service Launches Online Reconciliation Tool for Insurance Contributions

The State Tax Service of the Kyrgyz Republic announced the launch of a new online service that allows taxpayers to draw up an act of reconciliation of mutual settlements on insurance contributions through the Taxpayer's Cabinet on the website cabinet.salyk.kg. This service frees users from the need to visit the tax authorities in person, speeding up the process of forming the document for the selected date.

The reconciliation act will contain information on the amounts accrued and received to the budget of the Social Fund of Kyrgyzstan, including insurance premiums, interest and penalties. The document will also contain data on refunds and offsets. After sending the act, the STS inspector will check the information and display the status of the document: ‘Confirmed’ or ‘Rejected’, depending on the accuracy of the data.

This service has become part of the tax service's strategy aimed at simplifying and increasing the transparency of interaction with taxpayers, including individual entrepreneurs and large companies. Previously, the STS introduced a similar service for tax liabilities, which improved efficiency and facilitated the reconciliation process for all users.