Kazakhstan projects VAT revenue to reach 9.5 trillion tenge in 2027

September 17, 2026 at 11:23 AM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Kazakhstan's government projects VAT revenue of 9.5 trillion tenge in 2027, up 2.5 trillion tenge from the current year's estimate. The increase is driven by economic growth, improved tax administration, and the carry-over effect of the 16% VAT rate, even as the rate itself will not rise in 2027.

Key Facts

VAT revenue in 2027 is projected at 9.5 trillion tenge, an increase of 2.5 trillion tenge from the current year's estimate.
Domestic VAT revenue is expected to grow by 86.2% in 2027.
The VAT rate will remain at 16% in 2027, with no further increase planned.
Economic growth is expected to add 575 billion tenge to domestic VAT revenue.
Improved tax administration is expected to contribute about 40 billion tenge to VAT revenue.

Revenue Breakdown

First Vice Minister of National Economy Azamat Amrin presented the three-year budget forecast at the Kurultai on September 17, 2026. The 9.5 trillion tenge VAT projection includes VAT on domestically produced goods and VAT on imports. Deputy Ilya Terenchenko asked the government to explain how much of the additional revenue would come from the 16% VAT rate, economic growth, imports, improved tax administration, and reduced VAT refunds. Amrin said economic growth alone would increase domestic VAT revenue by 575 billion tenge, while improved administration would add about 40 billion tenge.

Rate Effect

The 16% VAT rate will not be raised in 2027, but the carry-over effect from the rate increase will add 338 billion tenge to budget revenue. VAT is paid quarterly, so in the first quarter of 2026 the tax was still paid at the previous 12% rate, while in the first quarter of 2027 payments will be calculated at 16%. Growth in projected import volume is expected to increase VAT revenue by another 440 billion tenge.

Government Response

Vice Minister of Finance Abzal Beisenbekuly said the growth in budget revenue is expected from economic growth, implementation of the new Tax Code, and improved efficiency of tax and customs administration. Beisenbekuly explained that the increase is not from a single source but from a combination of macroeconomic growth, implementation of the new Tax Code including the VAT rate increase, and further improvement of tax and customs administration. He said the government expects a substantial increase in own revenues from these measures.