According to Serik Zhumangarin, Vice-Premier-Minister of National Economy, VAT was determined at the level of 16%, and it was proposed to make the limit at the level of 40 million tenge.
However, the budget will lose 400 bln due to the reduction of the proposed threshold for VAT.
"VAT will be equal to 16%. Let the threshold for VAT be set at 40 million tenge. 40 million tenge is the result of the comp that we have achieved. But I want to say that in this case we are losing 160 thousand new taxpayers and we will not receive 400 billion in additional income somewhere. This is what I want to say so that our businessmen understand that our Government and Parliament are ready to come to such an event."
will be tightened.
"We have the relevant norms ready - for those who have committed violations in the past, for those who have an IA without further action - the new IA will be a complex process," the vice-premier noted.

Source : https://www.gov.kz/memleket/entities/zhetysu-eskeldy-konyr/press/news/details/972666?lang=kk