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Kazakhstan Proposes VAT Changes: Rate Hike, Exemptions, and Threshold Reduction

  • Increase standard VAT rate to 16 percent
  • Apply 10 percent reduced VAT rate to healthcare
  • Exempt agricultural producers from paying VAT
  • Reduce VAT registration threshold to 15 million tenge
  • Change retail tax regime
  • Remove employee number restriction
  • Deduct payroll tax if income exceeds 100 million tenge per year

Source: news.bloombergtax.com

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.

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