Vice Minister of Finance of the Republic of Kazakhstan Yerzhan Birzhanov announced the main news of the tax reform to entrepreneurs in the region.
The main task for the government in introducing tax changes is to maintain a balance between budget revenues and business support.
- Reducing the VAT threshold will expand the number of payers by about 200-300 thousand entities. The current simplified declaration system provides for annual income up to 180 million tenge, the number of employees up to 30 people and a rate of up to 2%. There was also a retail tax. It is planned to combine the two regimes into a single simplified declaration format, - said Yerzhan Birzhanov.
Entrepreneurs noted that increasing VAT will increase the burden not only on business, but also on consumers. The Vice Minister assured that the interests of all parties will be taken into account in the final decision. A package of amendments will be submitted for consideration in the parliament.
Press service of the Akim of the East Kazakhstan Region

Source : https://www.gov.kz/memleket/entities/akimvko/press/news/details/937559