- Simplified VAT refund process for all exporters starting in 2026
- New Tax Code revises tax administration approaches
- Over 1000 taxpayers will be affected
- Simplified process allows VAT refund within 15 working days without checks
- Conditions include no outstanding tax notifications, export turnover of at least 50 percent, and confirmed VAT refund amount in the last 12 months
- Tax risk management system will be used to determine refund amounts
- Current legislation limits simplified refunds to certain taxpayer categories
- Current refund limit is 50 to 80 percent depending on taxpayer category
- Number of eligible exporters will increase over 20 times
- VAT refund period will start from the date of demand, not declaration submission
- Refund period reduced from 75 to 55 working days, starting a month earlier
- Changes aim to increase financial turnover speed for export-oriented companies
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.
