- 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.
Latest Posts in "Kazakhstan"
- VAT Accounting by Different Rates Introduced on State Procurement Portal from April 2026
- Kazakhstan VAT Changes 2026: New 16% Rate, Registration Threshold, Deductions, and Benefits Explained
- Kazakhstan to Review VAT Exemptions on Imported Religious Items in 2026
- Territory of Aktau Seaport SEZ Expanded to Over 10,000 Hectares in Kazakhstan
- Kazakhstan Accelerates VAT Refunds for Exporters, Cuts Processing Time to 15 Days
