A number of benefits will be provided to public and entrepreneurs

    Social medium 21 July 2020 372

    The Presidential Decree “On additional measures to support the population, business entities, catering, trade and services to reduce the negative impact of the coronavirus pandemic” was adopted.

    In accordance with the Decree, starting from July 1, 2020 to December 31, 2020:

    • public catering enterprises and enterprises specializing in the provision of premises for rent are exempted from paying turnover tax;
    • individuals are exempt from tax on income received from the lease of real estate;
    • the procedure for applying, for tax purposes, the minimum rental rates for individuals who lease property (premises and motor vehicles);
    • it is recommended that landlords review the amount of rent in 2020 in order to reduce it, including taking into account the tax benefits provided.

    During the period from April 1, 2020 to December 31, 2020, catering establishments are exempt from paying fees for the right to trade in alcoholic products.

    The benefit for reducing the amount of deductions from wholesalers of alcoholic beverages from 5 to 3 percent established by the Decree of the President of the Republic of Uzbekistan dated March 19, 2020.

    Public catering enterprises are given the right to sell alcoholic products with their delivery.