“More than half of Uzbeks receive a salary of less than 2 million soums” – Official data

The Ministry of Economy and Finance has published preliminary results of the execution of state budget revenues for 2022.

Reportedly, personal income tax revenues in 2022 amounted to 24.3 trillion soums, having increased by 5.4 billion soums, or by 28.4% compared to 2021.

At the same time, tax revenues on personal income in a fixed amount amounted to 393.3 billion soums last year, which is 3.4 billion soums, or 0.9%, less compared to 2021.

The Ministry of Economic Finance cited the following factors that influenced the growth in personal income tax revenues:

- an increase in the minimum wage in the public sector by an average of 14.7% compared to 2021;
- legalization of the number of employees and wage fund in all sectors of the economy.

As a result, the number of payers of personal income tax last year amounted to 5 million 18 thousand people, which is 215 thousand more than in 2021.

The amount of wages received by taxpayers is distributed as follows:

• up to 1 million soums – 1.4 million people (28%);
• from 1 to 2 million soums – 1.23 million people (24.6%);
• from 2 to 4 million soums – 1.26 million people (25.2%);
• from 4 to 5.5 million soums – 467.2 thousand people (9.3%);
• more than 5.5 million soums – 649.2 thousand people (12.9%).

The payroll fund reached 156.9 trillion soums, which is 30.7 trillion soums, or 25% more than in 2021.