- Proposed VAT Rate Changes: The Kazakh Government is proposing to increase the VAT rate from 12% to 14% and to lower the VAT rate for the healthcare sector to 10%.
- Agricultural VAT Waiver: To enhance the international competitiveness of domestic agricultural products, the government plans to exempt agricultural producers from VAT.
- Lower Registration Threshold: To prevent companies from splitting operations to evade VAT registration, the VAT registration threshold will be reduced from KZT80 million (USD158,560) to KZT15 million.
Source: answerconnect.cch.com
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.
