- Bank transfer commissions will be subject to VAT starting in 2026
- Commissions include fees for money transfers and card issuance services
- Existing tax exemptions for second-tier bank financial operations will be removed from January 1, 2026
- Money transfers by citizens themselves will not be taxed
- No tax will apply if transfers within the same bank are free
- Proposals are being discussed in Parliament and with business and public representatives
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.
