What VAT rates are provided for in the new Tax Code
Answer The base VAT rate is 16% At the same time, differentiated rates have been introduced VAT exemptions for peasant farms have been retained For legal entities that are agricultural producers, it is proposed to increase the additional amount of VAT deductible from 70% to 80% Thus the reason for the increase in prices for agricultural products is excluded A reduced VAT rate is set for the sale of medicines medical devices and medical services at the level of 5% from 2026 10% from 2027 At the same time, VAT exemption is proposed for medicines and medical services within the guaranteed volume of free medical care and compulsory medical insurance as well as for the treatment of orphan and socially significant diseases according to the list determined by the Government.; books of domestic publication services for the publication of books in printed form; archaeological works
How will the medical sector be subject to VAT starting in 2026 Answer: The new Tax Code provides for the following regarding the taxation of VAT in the medical sector 1) exempt from VAT: sale of medicines and medical services by a healthcare entity licensed for medical activities within the framework of the guaranteed volume of free medical care (GOBMP) and compulsory medical insurance (CSHI) for the treatment of orphan and socially significant diseases The list is being developed by the Ministry of Health of the Republic of Kazakhstan import of medicines within the framework of GOBMP and CSHI as well as for the treatment of orphan and socially significant diseases The list and procedure for VAT exemption upon import is being developed by the Ministry of Health of the Republic of Kazakhstan 2) the VAT rate will apply from January 1, 2026, 5% from January 1, 2027, 10%: when selling medicines except for those exempt from VAT medical products components of medical products as well as technical auxiliary (compensatory) means The list is being developed by the Ministry of Health of the Republic of Kazakhstan; when providing medical services by a healthcare entity licensed for medical activities except those exempt from VAT
In accordance with the new Tax Code, on what date will the buyer of goods works and services attribute the amount of VAT to the invoice has the procedure for calculating VAT changed Answer The new Tax Code stipulates that the amount of VAT on the invoice will be offset by the date of receipt of the goods work or service At the same time, in order to offset the amount of VAT, the VAT payer makes a note in the ESF IC stating that the amount of VAT on such an ESF is offset Has the benefit of an additional VAT offset been retained for agricultural producers and processors of such products Answer Yes, the privilege for producers of agricultural products and processors of such products in the form of an additional offset for VAT has been retained while due to the increase in the VAT rate to 16%, the amount of the additional offset amount has been increased from 70% to 80% Since 2019, taxpayers of the gambling business tax (casinos slot machine halls sweepstakes bookmakers) have been recognized as VAT payers, and a special VAT calculation procedure is provided for such VAT payers Are there any VAT changes for this category Answer The new Tax Code has changed the approach of VAT taxation for gambling business payers Thus starting in 2026, turnover in the field of gambling will be recognized as non-taxable turnover Similarly, lottery activities are also recognized as non-taxable turnover