The practical issues of applying the new Tax Code are important for the effective work of entrepreneurs. Knowledge of changes in tax reporting, the procedure for inspections and support measures helps businesses avoid mistakes and sanctions, as well as maximize the opportunities provided by law. To this end, the Ministry of Finance of the Republic of Kazakhstan is conducting an information campaign in all regions of the country, explaining the main provisions of the code and answering relevant questions from business representatives. This type of work enhances tax literacy, builds trust, and promotes a transparent, predictable business environment.

The next seminar was held in Petropavlovsk. The North Kazakhstan region is one of the leading agricultural regions of the country, with more than 42,000 small and medium-sized businesses. The event was attended by more than 500 representatives of LLP, sole proprietors and agricultural enterprises of the region, as well as representatives of the Atameken Chamber of Entrepreneurs. Zhanybek Nurzhanov, Deputy Chairman of the State Revenue Committee, spoke about the changes in legislation.

He said that the new Tax Code provides agribusiness with significant fiscal advantages. Among them: a preferential corporate income tax rate of 3% for agricultural producers, a special tax regime for small and medium-sized peasant or farm enterprises has been preserved, the additional VAT offset has not only been preserved, but also its size has been increased from 70% to 80%. Among the innovations in the vehicle tax, an additional benefit per pickup truck is provided for those applying a special tax regime for peasant or farm farms.

These conditions create a stable and profitable business environment for farmers, reducing the tax burden and stimulating investment in the industry.

In addition, simplified tax mechanisms are provided: the single land tax is abolished, the number of special regimes is reduced to three, and the introduction of digital services, including mobile applications for the self-employed, allows taxpayers to verify declarations and pay taxes online. This reduces the bureaucratic burden and increases the transparency of administration.

"The benefits provided by the new Tax Code for farmers can become a serious incentive for the development of agriculture. Simplification of tax administration, reduction of the tax burden and simplification of procedures create favorable conditions for expanding production, modernizing farms and attracting investments in the agricultural sector," said Deputy Chairman of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan Zhanybek Nurzhanov.

The next seminar will be held on August 14 in Kokshetau, Akmola region.

Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/1050524?lang=kk