- Presentation of the new Tax Code on June 21, 2024
- Vice Minister of National Economy Azamat Amrin and Vice Minister of Finance Erzhan Birzhanov presented the updated Tax Code
- Amendments to the Tax Code have been in progress since last year
- Key changes focus on simplifying tax procedures, reducing administrative burden, and creating favorable conditions for SME development
- Three main regimes proposed: for self-employed individuals, small and medium businesses, and agricultural workers
- VAT rate continued to be set at 12%
- New Tax Code structure based on initiatives from the National Chamber of Entrepreneurs to simplify the tax system.
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.
