Uzbekistan Proposes Automatic Tax Relief for Mortgage Borrowers

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan's Tax Committee has published for public consultation a draft resolution that would introduce the automatic granting of tax relief to individuals using their income to repay mortgage loans.

The draft, published on the government's regulatory consultation portal, establishes a proactive mechanism for applying personal income tax (PIT) benefits through interagency data exchange. If approved, the new rules will take effect on 1 January 2027.

Under the proposal, information exchange between government agencies and organisations involved in mortgage administration is to be established by 1 September 2026. By 1 November, authorities plan to launch an automated tax relief service through the Soliq mobile application, the Tax Committee's online services portal and the Unified Interactive Public Services Portal.

Eligibility for the tax benefit will be determined using electronic data received from authorised institutions. The information will include mortgage agreement details, the borrower's or co-borrower's personal identification number (PINFL), payments of principal and interest, records of state mortgage subsidies, information about the purchased property, registration of ownership rights, as well as employment, income and personal income tax data.

According to the draft, the Central Bank will provide information on mortgage loans and repayments, while the Ministry of Economy and Finance will supply data on state mortgage subsidies. Other required information will be obtained from the Tax Committee's information systems.

The automated system will verify eligibility for the tax benefit every month. If the required information is incomplete, a repeated verification will be carried out the following day.

The amount of tax relief will also be calculated automatically based on data available in government information systems. Once the benefit has been granted, borrowers will receive notification within five days by SMS, email, through their taxpayer account or via the Soliq mobile application.

The draft also provides that if a property purchased with a mortgage is sold within 36 months of the registration of ownership, the tax benefit will be deemed to have been granted in violation of the applicable conditions. In such cases, the tax authorities will recalculate the taxpayer's obligations, recover the previously granted tax benefit and notify the taxpayer through their personal online account.

Public consultation on the draft resolution will continue until 31 July.