Changes in the Tax and Labor Codes
The State Tax Service reported that cash continues to be used in trade transactions, refuting rumors of a complete ban on cash.
The agency clarified that the changes made to the Tax and Labor Codes are aimed at increasing the transparency of financial operations, protecting consumer rights, and reducing the level of the shadow economy. These changes do not exclude the use of cash but introduce liability for violations when using cashless payment methods.
Starting from January 1, 2026, entrepreneurs will be prohibited from using payment instruments such as POS terminals, QR codes, and electronic wallets registered to individuals for personal use in business operations.
The first violation will be punished with a warning. However, for repeated violations, the following fines are provided:
for individuals — 50 calculation indicators, for repeated violations — 130;
for legal entities — 280 calculation indicators, for repeated violations — 650.
Additionally, a fine of 650 calculation indicators will be imposed on banks for failing to fulfill obligations to provide information to tax authorities.
According to the changes in the Labor Code, starting from January 1, 2026, employers who are individual entrepreneurs are required to pay wages to foreign workers exclusively in cashless form. Exceptions include seasonal work, emergencies, and lack of banking infrastructure.
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