- The President of Kazakhstan signed a law amending the Tax Code on 18 July 2025
- The standard VAT rate will increase from 12 percent to 16 percent
- A new reduced VAT rate of 5 percent will be introduced for specific medical-related goods and services
- The reduced VAT rate will increase to 10 percent from January 2027
- Changes apply to medicines, medical products and components, and medical services
- All changes will take effect on 1 January 2026
- Companies should review pricing, contracts, and systems to align with new rates
- Financial institutions need to adjust VAT treatment on previously exempt services
Source: fintua.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.
