- From June 1, 2026, the threshold for small businesses to move to the general tax regime will rise from 1 billion so‘m to 5 billion so‘m.
- A voluntary 6% VAT regime will be introduced for catering, trade, and service sectors, with businesses able to choose it instead of the current general system.
- VAT administration will be simplified, including automatic VAT refunds for reliable taxpayers and ending the temporary suspension of VAT taxpayer certificates.
- Additional relief measures include fewer audits and inspections for lower-risk businesses, easier correction of tax errors, and automated bank account opening.
- The changes are expected to support over 600,000 small businesses and bring at least 2 trillion so‘m in extra annual budget revenue.
Source: kun.uz
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 "Uzbekistan"
- List of Agricultural Products with 0% VAT Expanded to Include Livestock and Bees
- List of Agricultural Products Eligible for Zero VAT Rate Expanded and Approved in Uzbekistan
- Zero VAT Rate Introduced for Most Agricultural Products in Uzbekistan from January 2026
- New E-Invoice System: EHF Risk Levels Automatically Assessed for Greater VAT Transparency and Compliance
- New VAT Cashback Incentives for Catering Businesses in Uzbekistan Starting January 2025
