Turnover tax returns

Turnover tax is the simplified regime for businesses with annual turnover up to 12,000 BCU (BHM). It replaces both corporate income tax and VAT. From 2026 the standard rate is 4%, 1% for sole proprietors and self-employed people with turnover under UZS 1 billion, and 4% for marketplace sellers. The biggest change: the reporting period moved from quarterly to monthly, so a return is now due every month. We set the tax base correctly, apply the deductions you are entitled to, track how close you are to the threshold and warn you well before you must switch.