New Tax Code: VAT Set at 16%, Medical Services Taxed, B2C Exemptions Retained

• New Tax Code approved by Majilis on April 9, 2025
• VAT rate set at 16 percent
• VAT registration threshold set at 40 million tenge
• Medical services subject to VAT, increasing costs
• VAT for developers impacts housing prices
• Simplified regime benefits retained for B2C businesses, exempt from VAT
• Lowering VAT threshold increases burdens on businesses

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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