- Experts criticize some of the proposed new provisions in the new Tax Code
- Thresholds for VAT are being discussed in the new Tax Code
- The average business turnover limit may be increased to 5 billion tenge or 2 billion tenge
- Under the proposed new tax regime, there are no thresholds for VAT
- Some sectors like tourism and hospitality cannot qualify for the new tax regime and automatically become VAT payers at a rate of 12%
- A new Tax Code for 2025 in Kazakhstan is currently under discussion until July 15, 2024
Source: uchet.kz
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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