Entrepreneurs informed about the need to register for VAT

• Entrepreneurs are informed about the need to register for VAT
• If an entrepreneur’s income exceeds 20,000 MRP (69.0 million tenge), they are required to register as a VAT payer
• Tax authorities have been personally informing entrepreneurs about this requirement since September 2021
• 62,000 notifications have been sent since 2021, resulting in 10,084 taxpayers voluntarily registering for VAT
• These taxpayers have paid 2.0 billion tenge in VAT in 2022 and 27.3 billion tenge in the first 9 months of the current year
• Around 700 taxpayers have been forcibly registered for VAT in 2022/2023, with a total penalty of 4.6 billion tenge
• Over 90% of taxpayers voluntarily register for VAT, indicating an increased level of tax culture among entrepreneurs.

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.

---

---